3030 McKinney Ave APT 502DallasTX75204
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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 502, Dallas, TX, 75204 listed at $795,000 pairs $4,732/mo rent with a $3,891/mo payment. Total monthly income runs $4,732/mo. Return on cash invested measures 15.83% in year one, and rental yield registers 7.14% at a $795,000 basis. Equity gained on principal adds $5,130/yr, and annual property appreciation at 5% supports $219,644 by year five. Five-year ROI tracks 82.17% and total cumulative return in cash totals $214,918. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,732/mo property income relative to a $3,891/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
1.51 Acres lot
$N/A/sqft
No 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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