2406 S Franklin StDallasTX75233
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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 2406 S Franklin St, Dallas, TX, 75233 generates $3,133/mo in rent and, after a $1,219/mo payment, leaves $1,271/mo in cash flow. Total monthly income is $3,133/mo, and annual cash flow is $15,252/yr on $82,544 invested. Return on cash invested sits at 38.39% in year one, and rental yield is 15.1% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 203.61% and total cumulative return in cash sums $168,068. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,133/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75233, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,723 (100%) |
| Owner Occupied HU | 2,536 (44.3%) |
| Renter Occupied HU | 2,807 (49.0%) |
| Vacant Housing Units | 380 ( 6.6%) |
| Median Home Value | $290,902 |
| Average Home Value | $324,954 |
Housing Distribution
Address Breakdown
Residential
4,915
Single Family
4,256
Multi-Family
659
Businesses
210
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Listed by: Jennifer Duffey • Ultima Real Estate
Mls Name: NTREIS
Mls ID: #20682347
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.