2915 Appaloosa DrDallasTX75237
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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 2915 Appaloosa Dr, Dallas, TX, 75237 uses $91,163 cash to close to unlock $3,833/yr annual cash flow and $319/mo monthly cash flow. Total monthly income runs $2,305/mo, and a $1,346/mo payment keeps the spread at $319/mo. Purchase price stands at $275,000, and rental yield measures 10.06% with $2,305/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 126.77% and total cumulative return in cash records $115,571. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,305/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2006
5,749 sqft lot
$N/A/sqft
$360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75237, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,899 (100%) |
| Owner Occupied HU | 1,242 (14.0%) |
| Renter Occupied HU | 6,976 (78.4%) |
| Vacant Housing Units | 681 ( 7.7%) |
| Median Home Value | $275,629 |
| Average Home Value | $296,415 |
Housing Distribution
Address Breakdown
Residential
8,337
Single Family
1,788
Multi-Family
6,549
Businesses
819
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Listed by: Taylor Essien • Redfin Corporation
Mls Name: NTREIS
Mls ID: #20974599
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.