3102 Kings Rd APT 1303DallasTX75219
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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 3102 Kings Rd APT 1303, Dallas, TX, 75219 uses $91,660 cash to close to unlock $6,661/yr annual cash flow and $555/mo monthly cash flow. Total monthly income runs $2,521/mo, and a $1,353/mo payment keeps the spread at $555/mo. Purchase price stands at $276,500, and rental yield measures 10.94% with $2,521/mo rent. Return on cash invested shows 27.18% in year one, and 5% annual appreciation builds toward $76,392 over five years. Five-year ROI reaches 143.07% and total cumulative return in cash records $131,138. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,521/mo property income covering a $1,353/mo payment rather than investor’s personal income.
Condo
Built in 2001
2.00 Acres 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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