323 Palm Oak DrDallasTX75217
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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
Rental property for sale in Dallas at 323 Palm Oak Dr, Dallas, TX, 75217 generates $1,305/mo in rent and, after a $808/mo payment, leaves $36/mo in cash flow. Total monthly income is $1,305/mo, and annual cash flow is $433/yr on $54,698 invested. Return on cash invested sits at 20.7% in year one, and rental yield is 9.49% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 109.17% and total cumulative return in cash sums $59,711. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,305/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
7,579 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75217, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,962 (100%) |
| Owner Occupied HU | 13,760 (59.9%) |
| Renter Occupied HU | 7,990 (34.8%) |
| Vacant Housing Units | 1,212 ( 5.3%) |
| Median Home Value | $183,951 |
| Average Home Value | $215,605 |
Housing Distribution
Address Breakdown
Residential
24,395
Single Family
21,947
Multi-Family
2,448
Businesses
1,367
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Listed by: Cecilia Williams • Next Level Realty
Mls Name: NTREIS
Mls ID: #20791756
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.