3030 McKinney Ave APT 1701DallasTX75204
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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 3030 McKinney Ave APT 1701, Dallas, TX, 75204 earns from $4,148/mo rent with a $4,625/mo payment. Total monthly income totals $4,148/mo. ROI tracks 3.47% on current figures, and rental yield reads 5.27% at a $945,000 purchase. Equity gained on principal adds $6,098/yr, and 5% annual appreciation supports $261,086 over five years. Five-year ROI reaches 18.28% and total cumulative return in cash sums $56,848. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,148/mo property income instead of your personal income.
Condo
Built in 1981
1.51 Acres lot
$N/A/sqft
$1,727 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75204, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,712 (100%) |
| Owner Occupied HU | 4,057 (15.2%) |
| Renter Occupied HU | 19,903 (74.5%) |
| Vacant Housing Units | 2,752 (10.3%) |
| Median Home Value | $498,932 |
| Average Home Value | $566,321 |
Housing Distribution
Address Breakdown
Residential
25,882
Single Family
3,973
Multi-Family
21,909
Businesses
1,252
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Listed by: Zach Mrusek • Compass RE Texas, LLC.
Mls Name: NTREIS
Mls ID: #20765718
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.