3401 Binkley Ave APT AUniversity ParkTX75205
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Nearby investment properties with comparable prices
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 University Park at 3401 Binkley Ave APT A, University Park, TX, 75205 listed at $550,000 pairs $2,382/mo rent with a $2,692/mo payment. Total monthly income runs $2,382/mo. Return on cash invested measures 9.92% in year one, and rental yield registers 5.2% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 50.45% and total cumulative return in cash totals $91,294. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,382/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75205, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,792 (100%) |
| Owner Occupied HU | 5,698 (48.3%) |
| Renter Occupied HU | 4,951 (42.0%) |
| Vacant Housing Units | 1,143 ( 9.7%) |
| Median Home Value | $1,395,608 |
| Average Home Value | $1,439,971 |
Housing Distribution
Address Breakdown
Residential
11,527
Single Family
6,399
Multi-Family
5,128
Businesses
843
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Listed by: Lynn Handlin • Dave Perry Miller Real Estate
Mls Name: NTREIS
Mls ID: #21150707