3884 Cortez DrDallasTX75220
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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 3884 Cortez Dr, Dallas, TX, 75220 priced at $1,650,000 converts $5,019/mo rent into after a $8,076/mo obligation. Total monthly income equals $5,019/mo. Return on cash invested prints 5.3% in year one, and rental yield reads 3.65% against a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation compiles into $455,865 by year five. Five-year ROI reaches 25.63% and total cumulative return in cash sums $137,021. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,019/mo property income covering a $8,076/mo payment, not borrower’s personal income.
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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Listed by: Taylor Black • Agency Dallas Park Cities, LLC
Mls Name: NTREIS
Mls ID: #21098978
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.