2614 N Carroll Ave #106DallasTX75204
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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
Investment property for sale in Dallas at 2614 N Carroll Ave #106, Dallas, TX, 75204 listed at $514,900 pairs $6,702/mo rent with a $2,520/mo payment to leave $2,791/mo cash flow. Total monthly income runs $6,702/mo, and annual cash flow reaches $33,488/yr on $169,402 cash to close. Return on cash invested measures 39.83% in year one, and rental yield registers 15.62% at a $514,900 basis. Equity gained on principal adds $3,323/yr, and annual property appreciation at 5% supports $142,257 by year five. Five-year ROI tracks 211.5% and total cumulative return in cash totals $358,278. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,702/mo property income relative to a $2,520/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2024
7,492 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75204, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,712 (100%) |
| Owner Occupied HU | 4,057 (15.2%) |
| Renter Occupied HU | 19,903 (74.5%) |
| Vacant Housing Units | 2,752 (10.3%) |
| Median Home Value | $498,932 |
| Average Home Value | $566,321 |
Housing Distribution
Address Breakdown
Residential
25,882
Single Family
3,973
Multi-Family
21,909
Businesses
1,252
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Listed by: Brandon Travelstead • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20681965
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.