3914 Spence StDallasTX75215
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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 3914 Spence St, Dallas, TX, 75215 priced at $126,100 pairs $989/mo rent with $49/mo cash flow after a $617/mo payment. Total monthly income equals $989/mo, and annual cash flow comes to $590/yr on $41,802 invested. Return on cash invested is 21.32% in year one, and rental yield stands at 9.41% on a $126,100 basis. Equity gained on principal adds $814/yr, and 5% annual appreciation accumulates to $34,839 by year five. Five-year ROI measures 112.19% and total cumulative return in cash reaches $46,898. For financing, Ziffy Mortgage’s DSCR program evaluates $989/mo property income against a $617/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75215, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,619 (100%) |
| Owner Occupied HU | 2,599 (30.2%) |
| Renter Occupied HU | 4,935 (57.3%) |
| Vacant Housing Units | 1,085 (12.6%) |
| Median Home Value | $199,767 |
| Average Home Value | $313,419 |
Housing Distribution
Address Breakdown
Residential
8,367
Single Family
5,297
Multi-Family
3,070
Businesses
796
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