2422 E Ledbetter DrDallasTX75216
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
Investment Highlights
Rental property for sale in Dallas at 2422 E Ledbetter Dr, Dallas, TX, 75216 priced at $200,000 pairs $2,136/mo rent with $593/mo cash flow after a $979/mo payment. Total monthly income equals $2,136/mo, and annual cash flow comes to $7,112/yr on $66,300 invested. Return on cash invested is 30.64% in year one, and rental yield stands at 12.82% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 162.38% and total cumulative return in cash reaches $107,660. For financing, Ziffy Mortgage’s DSCR program evaluates $2,136/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75216, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,401 (100%) |
| Owner Occupied HU | 9,968 (51.4%) |
| Renter Occupied HU | 7,801 (40.2%) |
| Vacant Housing Units | 1,632 ( 8.4%) |
| Median Home Value | $142,118 |
| Average Home Value | $207,866 |
Housing Distribution
Address Breakdown
Residential
18,632
Single Family
15,796
Multi-Family
2,836
Businesses
962
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chevon Jones • JPAR Dallas
Mls Name: NTREIS
Mls ID: #20620059
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.