3515 Normandy Ave APT 1Highland ParkTX75205
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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
Investment property for sale in Highland Park at 3515 Normandy Ave APT 1, Highland Park, TX, 75205 offers a 3.8% rental yield on a $1,639,000 purchase with $5,190/mo rent. 76% in year one. Equity gained on principal adds $10,576/yr while 5% annual appreciation supports $452,825 over five years. Portfolio math shows five-year ROI at 28.11% and total cumulative return in cash at $149,264. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,190/mo property income against a $8,022/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2014
0.37 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: Sam Kincaid • Compass RE Texas, LLC.
Mls Name: NTREIS
Mls ID: #21154204