3040 Chimes StDallasTX75219
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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 3040 Chimes St, Dallas, TX, 75219 with 5% annual appreciation on a $630,000 basis while $5,872/mo rent supports operations. Total monthly income totals $5,872/mo and a $3,084/mo payment preserves $1,392/mo for cash returns. Annual cash flow comes to $16,698/yr on $207,270 deployed, and return on cash invested reaches 28.12% in year one. Equity gained on principal adds $4,065/yr, and five-year appreciation sums $174,057 alongside rental yield of 11.18%. Five-year ROI measures 148.04% and total cumulative return in cash totals $306,850.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,872/mo property income versus a $3,084/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2022
1,263 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75219, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,341 (100%) |
| Owner Occupied HU | 5,787 (28.4%) |
| Renter Occupied HU | 12,458 (61.2%) |
| Vacant Housing Units | 2,096 (10.3%) |
| Median Home Value | $532,481 |
| Average Home Value | $687,588 |
Housing Distribution
Address Breakdown
Residential
20,674
Single Family
3,392
Multi-Family
17,282
Businesses
1,980
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