240 Ezekial AveDallasTX75217
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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
Rental property for sale in Dallas at 240 Ezekial Ave, Dallas, TX, 75217 offers $1,745/mo rent that, after a $768/mo payment, leaves $504/mo cash flow. Total monthly income is $1,745/mo, and annual cash flow is $6,049/yr on $52,012 cash. Return on cash invested measures 31.54% in year one, and rental yield stands at 13.35% at a $156,900 entry. Equity gained on principal adds $1,012/yr while 5% annual appreciation compounds into $43,349 by year five. Five-year ROI records 167.55% and total cumulative return in cash reaches $87,144. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,745/mo property income versus a $768/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1971
2,962 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75217, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,962 (100%) |
| Owner Occupied HU | 13,760 (59.9%) |
| Renter Occupied HU | 7,990 (34.8%) |
| Vacant Housing Units | 1,212 ( 5.3%) |
| Median Home Value | $183,951 |
| Average Home Value | $215,605 |
Housing Distribution
Address Breakdown
Residential
24,395
Single Family
21,947
Multi-Family
2,448
Businesses
1,367
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Listed by: Elizabeth O'brien • Corey Simpson & Associates
Mls Name: NTREIS
Mls ID: #20938477
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.