3950 Ivy Ridge StDallasTX75241
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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 3950 Ivy Ridge St, Dallas, TX, 75241 priced at $265,000 converts $2,158/mo rent into $213/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,158/mo, and annual cash flow totals $2,557/yr on $87,848 invested. Return on cash invested prints 22.82% in year one, and rental yield reads 9.77% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 120.02% and total cumulative return in cash sums $105,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,158/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1972
6,838 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75241, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,602 (100%) |
| Owner Occupied HU | 6,357 (54.8%) |
| Renter Occupied HU | 4,407 (38.0%) |
| Vacant Housing Units | 838 ( 7.2%) |
| Median Home Value | $215,762 |
| Average Home Value | $264,367 |
Housing Distribution
Address Breakdown
Residential
11,014
Single Family
9,481
Multi-Family
1,533
Businesses
536
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Listed by: Christopher Capeau • Wave Realty Group
Mls Name: NTREIS
Mls ID: #20889799
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.