2939 Bay Oaks DrDallasTX75229
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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 2939 Bay Oaks Dr, Dallas, TX, 75229 earns $1,078/mo cash flow from $3,780/mo rent with a $1,860/mo payment. Total monthly income totals $3,780/mo, and annual cash flow totals $12,932/yr on $125,970 capital. ROI tracks 30.17% on current figures, and rental yield reads 11.94% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 159.11% and total cumulative return in cash sums $200,425. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,780/mo property income instead of your personal income.
Single Family
Built in 1955
1,860 sqft lot
$N/A/sqft
No 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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