2919 Gospel 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
Rental property for sale in Dallas at 2919 Gospel Dr, Dallas, TX, 75237 generates $3,656/mo in rent and, after a $1,444/mo payment, leaves $1,537/mo in cash flow. Total monthly income is $3,656/mo, and annual cash flow is $18,447/yr on $97,793 invested. Return on cash invested sits at 38.77% in year one, and rental yield is 14.87% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 205.32% and total cumulative return in cash sums $200,786. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,656/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.13 sqft lot
$N/A/sqft
$250 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: Paulina Loera • Alpha Key Realty LLC
Mls Name: NTREIS
Mls ID: #20585909
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.