2617 Woodmere DrDallasTX75233
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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 2617 Woodmere Dr, Dallas, TX, 75233 generates $2,466/mo in rent, after a $1,835/mo payment. Total monthly income is $2,466/mo. Return on cash invested sits at 17.98% in year one, and rental yield is 7.89% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 93.69% and total cumulative return in cash sums $116,463. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,466/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
9,844 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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