2506 Wedglea Dr APT 907DallasTX75211
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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 2506 Wedglea Dr APT 907, Dallas, TX, 75211 generates $1,831/mo in rent, after a $1,077/mo payment. Total monthly income is $1,831/mo. Return on cash invested sits at 18.05% in year one, and rental yield is 9.99% on a $219,990 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,779 over five years. Five-year ROI reaches 96.4% and total cumulative return in cash sums $70,304. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,831/mo property income rather than buyer’s personal income.
Condo
Built in 1985
2.09 Acres lot
$N/A/sqft
$247 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75211, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,813 (100%) |
| Owner Occupied HU | 10,435 (45.7%) |
| Renter Occupied HU | 10,877 (47.7%) |
| Vacant Housing Units | 1,501 ( 6.6%) |
| Median Home Value | $250,988 |
| Average Home Value | $293,982 |
Housing Distribution
Address Breakdown
Residential
22,758
Single Family
17,260
Multi-Family
5,498
Businesses
1,279
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Listed by: Scott Green • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #20947926
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.