3812 Hancock StDallasTX75210
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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 3812 Hancock St, Dallas, TX, 75210 priced at $235,000 converts $1,810/mo rent into $139/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,810/mo, and annual cash flow totals $1,669/yr on $77,903 invested. Return on cash invested prints 22.05% in year one, and rental yield reads 9.24% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 115.6% and total cumulative return in cash sums $90,052. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,810/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Multi Family
Built in 1936
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75210, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,204 (100%) |
| Owner Occupied HU | 837 (26.1%) |
| Renter Occupied HU | 2,084 (65.0%) |
| Vacant Housing Units | 283 ( 8.8%) |
| Median Home Value | $112,382 |
| Average Home Value | $155,137 |
Housing Distribution
Address Breakdown
Residential
3,286
Single Family
2,248
Multi-Family
1,038
Businesses
267
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Listed by: Rod Hanks • DTX Realty, LLC
Mls Name: NTREIS
Mls ID: #20903739
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.