2702 Douglas Ave #105DallasTX75219
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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 2702 Douglas Ave #105, Dallas, TX, 75219 offers a 11.92% rental yield on a $180,100 purchase with $1,789/mo rent. Total monthly income registers $1,789/mo, and a $882/mo payment leaves $229/mo available for distribution. Annual cash flow reaches $2,745/yr on $59,703 to close, and return on cash invested stands at 24.51% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,758 over five years. Portfolio math shows five-year ROI at 130.75% and total cumulative return in cash at $78,060. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,789/mo property income against a $882/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1966
1.62 Acres lot
$N/A/sqft
$280 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75219, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,341 (100%) |
| Owner Occupied HU | 5,787 (28.4%) |
| Renter Occupied HU | 12,458 (61.2%) |
| Vacant Housing Units | 2,096 (10.3%) |
| Median Home Value | $532,481 |
| Average Home Value | $687,588 |
Housing Distribution
Address Breakdown
Residential
20,674
Single Family
3,392
Multi-Family
17,282
Businesses
1,980
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