2535 Wedglea Dr #239DallasTX75211
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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 2535 Wedglea Dr #239, Dallas, TX, 75211 generates $1,982/mo in rent and, after a $974/mo payment, leaves $219/mo in cash flow. Total monthly income is $1,982/mo, and annual cash flow is $2,627/yr on $65,969 invested. Return on cash invested sits at 23.89% in year one, and rental yield is 11.95% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 127.67% and total cumulative return in cash sums $84,222. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,982/mo property income rather than buyer’s personal income.
Condo
Built in 1983
1.99 Acres lot
$N/A/sqft
$348 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: Barry Saling • Keller Williams Lonestar DFW
Mls Name: NTREIS
Mls ID: #20651291
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.