24 Wimberley CtDallasTX75229
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Dallas at 24 Wimberley Ct, Dallas, TX, 75229 uses $468,180 cash to close to unlock $8,097/yr annual cash flow and $675/mo monthly cash flow. Total monthly income runs $10,980/mo, and a $7,073/mo payment keeps the spread at $675/mo. Purchase price stands at $1,445,000, and rental yield measures 9.12% with $10,980/mo rent. Return on cash invested shows 22.1% in year one, and 5% annual appreciation builds toward $399,227 over five years. Five-year ROI reaches 115.75% and total cumulative return in cash records $541,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $10,980/mo property income covering a $7,073/mo payment rather than investor’s personal income.
Single Family
Built in 2006
9,147 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75229, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,272 (100%) |
| Owner Occupied HU | 8,063 (65.7%) |
| Renter Occupied HU | 3,410 (27.8%) |
| Vacant Housing Units | 799 ( 6.5%) |
| Median Home Value | $593,307 |
| Average Home Value | $737,429 |
Housing Distribution
Address Breakdown
Residential
12,042
Single Family
9,746
Multi-Family
2,296
Businesses
2,676
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Listed by: Milly Eyotia • Lone Star Realty
Mls Name: NTREIS
Mls ID: #20654702
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