3310 Fairmount St #12CDallasTX75201
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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 3310 Fairmount St #12C, Dallas, TX, 75201 generates $5,569/mo in rent, after a $3,719/mo payment. Total monthly income is $5,569/mo. Return on cash invested sits at 10.04% in year one, and rental yield is 8.79% on a $759,900 entry. Equity gained on principal adds $4,904/yr, while 5% annual appreciation builds toward $209,946 over five years. Five-year ROI reaches 55.03% and total cumulative return in cash sums $137,586. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,569/mo property income rather than buyer’s personal income.
Condo
Built in 1964
2.39 Acres lot
$N/A/sqft
$2,253 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75201, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,347 (100%) |
| Owner Occupied HU | 1,097 ( 7.6%) |
| Renter Occupied HU | 10,921 (76.1%) |
| Vacant Housing Units | 2,329 (16.2%) |
| Median Home Value | $775,794 |
| Average Home Value | $999,701 |
Housing Distribution
Address Breakdown
Residential
14,564
Single Family
521
Multi-Family
14,043
Businesses
2,097
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Listed by: Shelly Brown Qualls • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20945786
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.