302 N Willomet AveDallasTX75208
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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 302 N Willomet Ave, Dallas, TX, 75208 priced at $450,000 pairs $2,988/mo rent with after a $2,203/mo payment. Total monthly income equals $2,988/mo. Return on cash invested is 17.22% in year one, and rental yield stands at 7.97% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 89.99% and total cumulative return in cash reaches $134,250. For financing, Ziffy Mortgage’s DSCR program evaluates $2,988/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1927
7,623 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75208, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,625 (100%) |
| Owner Occupied HU | 6,019 (41.2%) |
| Renter Occupied HU | 6,897 (47.2%) |
| Vacant Housing Units | 1,709 (11.7%) |
| Median Home Value | $466,400 |
| Average Home Value | $537,812 |
Housing Distribution
Address Breakdown
Residential
14,325
Single Family
9,342
Multi-Family
4,983
Businesses
1,540
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Listed by: Thani Burke • Compass RE Texas, LLC.
Mls Name: NTREIS
Mls ID: #20921898
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.