29 Royal WayDallasTX75229
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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 29 Royal Way, Dallas, TX, 75229 earns from $6,571/mo rent with a $4,381/mo payment. Total monthly income totals $6,571/mo. ROI tracks 19.88% on current figures, and rental yield reads 8.81% at a $895,000 purchase. Equity gained on principal adds $5,775/yr, and 5% annual appreciation supports $247,272 over five years. Five-year ROI reaches 104.26% and total cumulative return in cash sums $306,986. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,571/mo property income instead of your personal income.
Single Family
Built in 1981
6,359 sqft lot
$N/A/sqft
$750 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75229, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,272 (100%) |
| Owner Occupied HU | 8,063 (65.7%) |
| Renter Occupied HU | 3,410 (27.8%) |
| Vacant Housing Units | 799 ( 6.5%) |
| Median Home Value | $593,307 |
| Average Home Value | $737,429 |
Housing Distribution
Address Breakdown
Residential
12,042
Single Family
9,746
Multi-Family
2,296
Businesses
2,676
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Listed by: Danna Morguloff-Hayden • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20966585
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.