2970 Minoco DrDallasTX75227
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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 2970 Minoco Dr, Dallas, TX, 75227 priced at $165,000 pairs $1,312/mo rent with $53/mo cash flow after a $808/mo payment. Total monthly income equals $1,312/mo, and annual cash flow comes to $636/yr on $54,698 invested. Return on cash invested is 21.07% in year one, and rental yield stands at 9.54% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 110.97% and total cumulative return in cash reaches $60,695. For financing, Ziffy Mortgage’s DSCR program evaluates $1,312/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
9,539 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75227, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,278 (100%) |
| Owner Occupied HU | 9,592 (47.3%) |
| Renter Occupied HU | 9,463 (46.7%) |
| Vacant Housing Units | 1,223 ( 6.0%) |
| Median Home Value | $217,315 |
| Average Home Value | $258,721 |
Housing Distribution
Address Breakdown
Residential
18,204
Single Family
13,752
Multi-Family
4,452
Businesses
969
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Listed by: Bibiana Leal • Monument Realty
Mls Name: NTREIS
Mls ID: #20802010
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.