3310 Fairmount St #12EDallasTX75201
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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 #12E, Dallas, TX, 75201 generates $4,244/mo in rent and, after a $2,691/mo payment, leaves $334/mo in cash flow. Total monthly income is $4,244/mo, and annual cash flow is $4,009/yr on $180,917 invested. Return on cash invested sits at 22.28% in year one, and rental yield is 9.26% on a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 116.74% and total cumulative return in cash sums $211,202. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,244/mo property income rather than buyer’s personal income.
Condo
Built in 1964
2.39 Acres lot
$N/A/sqft
No 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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