2624 El Camino LnDallasTX75212
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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 2624 El Camino Ln, Dallas, TX, 75212 priced at $590,000 converts $4,158/mo rent into after a $2,888/mo obligation. Total monthly income equals $4,158/mo. Return on cash invested prints 18.08% in year one, and rental yield reads 8.46% against a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation compiles into $163,006 by year five. Five-year ROI reaches 94.85% and total cumulative return in cash sums $184,120. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,158/mo property income covering a $2,888/mo payment, not borrower’s personal income.
Single Family
Built in 2018
1,916 sqft lot
$N/A/sqft
$1,575 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75212, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,614 (100%) |
| Owner Occupied HU | 4,588 (43.2%) |
| Renter Occupied HU | 5,072 (47.8%) |
| Vacant Housing Units | 954 ( 9.0%) |
| Median Home Value | $263,214 |
| Average Home Value | $282,166 |
Housing Distribution
Address Breakdown
Residential
9,782
Single Family
6,618
Multi-Family
3,164
Businesses
915
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Listed by: Vickie P Bodine • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #20877749
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.