315 N Merrill AveDuncanvilleTX75116
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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 Duncanville at 315 N Merrill Ave, Duncanville, TX, 75116 earns from $2,233/mo rent with a $3,059/mo payment. Total monthly income totals $2,233/mo. ROI tracks 7.15% on current figures, and rental yield reads 4.29% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 35.63% and total cumulative return in cash sums $73,273. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,233/mo property income instead of your personal income.
Multi Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75116, Duncanville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,847 (100%) |
| Owner Occupied HU | 4,165 (60.8%) |
| Renter Occupied HU | 2,398 (35.0%) |
| Vacant Housing Units | 284 ( 4.1%) |
| Median Home Value | $267,151 |
| Average Home Value | $297,491 |
Housing Distribution
Address Breakdown
Residential
6,656
Single Family
5,410
Multi-Family
1,246
Businesses
800
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Listed by: Melissa Hernandez • Competitive Edge Realty LLC
Mls Name: NTREIS
Mls ID: #21157933