2823 Whitewood 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
Investment property for sale in Dallas at 2823 Whitewood Dr, Dallas, TX, 75233 uses $127,628 cash to close to unlock $643/yr annual cash flow and $54/mo monthly cash flow. Total monthly income runs $2,791/mo, and a $1,884/mo payment keeps the spread at $54/mo. Purchase price stands at $385,000, and rental yield measures 8.7% with $2,791/mo rent. Return on cash invested shows 20.41% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 106.76% and total cumulative return in cash records $136,258. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,791/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.29 Acres 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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Listed by: Heather Winchester • Keller Williams Realty Allen
Mls Name: NTREIS
Mls ID: #21063671
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.