2902 Nicholson DrDallasTX75224
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2902 Nicholson Dr, Dallas, TX, 75224 uses $49,724 cash to close to unlock $10,662/yr annual cash flow and $889/mo monthly cash flow. Total monthly income runs $1,955/mo, and a $734/mo payment keeps the spread at $889/mo. Purchase price stands at $149,997, and rental yield measures 15.64% with $1,955/mo rent. Return on cash invested shows 41.35% in year one, and 5% annual appreciation builds toward $41,441 over five years. Five-year ROI reaches 219.07% and total cumulative return in cash records $108,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,955/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1951
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75224, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,176 (100%) |
| Owner Occupied HU | 5,318 (47.6%) |
| Renter Occupied HU | 4,940 (44.2%) |
| Vacant Housing Units | 918 ( 8.2%) |
| Median Home Value | $297,919 |
| Average Home Value | $334,135 |
Housing Distribution
Address Breakdown
Residential
11,196
Single Family
7,662
Multi-Family
3,534
Businesses
604
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices