2618 Gooch StDallasTX75241
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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 2618 Gooch St, Dallas, TX, 75241 generates $2,245/mo in rent, after a $2,080/mo payment. Total monthly income is $2,245/mo. Return on cash invested sits at 13.29% in year one, and rental yield is 6.34% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 68.55% and total cumulative return in cash sums $96,581. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,245/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
8,668 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75241, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,602 (100%) |
| Owner Occupied HU | 6,357 (54.8%) |
| Renter Occupied HU | 4,407 (38.0%) |
| Vacant Housing Units | 838 ( 7.2%) |
| Median Home Value | $215,762 |
| Average Home Value | $264,367 |
Housing Distribution
Address Breakdown
Residential
11,014
Single Family
9,481
Multi-Family
1,533
Businesses
536
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