3868 Cortez DrDallasTX75220
Nearby investment properties with comparable rents
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
Rental property for sale in Dallas at 3868 Cortez Dr, Dallas, TX, 75220 offers $5,458/mo rent that, after a $7,092/mo payment. Total monthly income is $5,458/mo. Return on cash invested measures 7.98% in year one, and rental yield stands at 4.52% at a $1,449,000 entry. Equity gained on principal adds $9,350/yr while 5% annual appreciation compounds into $400,332 by year five. Five-year ROI records 40.04% and total cumulative return in cash reaches $187,963. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,458/mo property income versus a $7,092/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,884 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75220, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,806 (100%) |
| Owner Occupied HU | 4,650 (29.4%) |
| Renter Occupied HU | 9,597 (60.7%) |
| Vacant Housing Units | 1,559 ( 9.9%) |
| Median Home Value | $526,765 |
| Average Home Value | $787,369 |
Housing Distribution
Address Breakdown
Residential
15,109
Single Family
6,713
Multi-Family
8,396
Businesses
1,794
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