2402 Macon StDallasTX75215
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.04% gross rental yield, 2402 Macon St, Dallas, TX, 75215 in Dallas is priced for capital growth, not immediate cash flow. The $325,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $90,040 by year five, with $3,002/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.93) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $63,901.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 6.5% |
| Monthly Cash Flow | $(948) | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,369 |
| Total Monthly Debt Service | $2,188 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75215, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,619 (100%) |
| Owner Occupied HU | 2,599 (30.2%) |
| Renter Occupied HU | 4,935 (57.3%) |
| Vacant Housing Units | 1,085 (12.6%) |
| Median Home Value | $199,767 |
| Average Home Value | $313,419 |
Housing Distribution
Address Breakdown
Residential
8,367
Single Family
5,297
Multi-Family
3,070
Businesses
796
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75215, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,619 (100%) |
| Owner Occupied HU | 2,599 (30.2%) |
| Renter Occupied HU | 4,935 (57.3%) |
| Vacant Housing Units | 1,085 (12.6%) |
| Median Home Value | $199,767 |
| Average Home Value | $313,419 |
Housing Distribution
Address Breakdown
Residential
8,367
Single Family
5,297
Multi-Family
3,070
Businesses
796
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia Guel • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20882872
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.