3218 Emmett St, Dallas, TX, 75211 | 8.38% Rental Yield

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3218 Emmett St, Dallas, TX, 75211 | 8.38% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Dallas at 3218 Emmett St, Dallas, TX, 75211 priced at $220,000 converts $1,536/mo rent into after a $1,077/mo obligation. Total monthly income equals $1,536/mo. Return on cash invested prints 19.44% in year one, and rental yield reads 8.38% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 101.57% and total cumulative return in cash sums $74,075. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,536/mo property income covering a $1,077/mo payment, not borrower’s personal income.

Single Family

Built in 1943

6,838 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover the perfect blend of traditional charm in this delightful 3-bedroom, 2-bathroom home, ideally situated in a Dallas neighborhood. This residence offers a warm ambiance with thoughtful designs crafted for comfortable urban living. Step into a spacious living area bathed in natural light. The living room seamlessly flows into a dining space, providing an ideal setting for both intimate dinners and lively gatherings. Each bedroom is a just sized for a comfy amount of space with a decent size closet. The primary bedroom features an a large walk in closet. Primary bedroom has a bathroom with an extra amount of storage space as well, while the additional full bathroom is conveniently located to serve the other rooms with ease. The backyard has a great size covered deck, providing a tranquil escape for outdoor entertaining or peaceful relaxation. The patio, perfect for BBQs, invites you to enjoy al fresco dining under the Texas sky. This home also offers a huge storage warehouse, with enough space for two vehicle covered parking space. With a well-maintained front yard, this home offers ease of maintenance and the opportunity for creative outdoor transformations. This home is a diamond in the rough, a charm you must see for yourself to appreciate. With proximity to excellent amenities, top schools, shopping, and dining, this property offers not just a home, but a lifestyle. Embrace the unique blend of classic design and urban convenience, providing a welcoming sanctuary in one of Dallass most sought-after locales.

Neighborhood Data

Neighborhood data shown for ZIP Code: 75211, Dallas, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,813 (100%)
Owner Occupied HU	10,435 (45.7%)
Renter Occupied HU	10,877 (47.7%)
Vacant Housing Units	1,501 ( 6.6%)
Median Home Value	$250,988
Average Home Value	$293,982