3102 Kings Rd APT 2308DallasTX75219
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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 2308, Dallas, TX, 75219 earns $229/mo cash flow from $1,620/mo rent with a $874/mo payment. Total monthly income totals $1,620/mo, and annual cash flow totals $2,746/yr on $59,173 capital. ROI tracks 24.55% on current figures, and rental yield reads 10.89% at a $178,500 purchase. Equity gained on principal adds $1,152/yr, and 5% annual appreciation supports $49,316 over five years. Five-year ROI reaches 129.83% and total cumulative return in cash sums $76,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,620/mo property income instead of your personal income.
Apartment
Built in N/A
N/A 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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