2900 McKinnon St APT 402DallasTX75201
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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 2900 McKinnon St APT 402, Dallas, TX, 75201 offers a 6.84% rental yield on a $478,500 purchase with $2,726/mo rent. 93% in year one. Equity gained on principal adds $3,088/yr while 5% annual appreciation supports $132,201 over five years. Portfolio math shows five-year ROI at 42.34% and total cumulative return in cash at $67,154. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,726/mo property income against a $2,342/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
1.31 Acres lot
$N/A/sqft
$722 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75201, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,347 (100%) |
| Owner Occupied HU | 1,097 ( 7.6%) |
| Renter Occupied HU | 10,921 (76.1%) |
| Vacant Housing Units | 2,329 (16.2%) |
| Median Home Value | $775,794 |
| Average Home Value | $999,701 |
Housing Distribution
Address Breakdown
Residential
14,564
Single Family
521
Multi-Family
14,043
Businesses
2,097
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