4039 Cole Ave APT 101DallasTX75204
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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
Investment property for sale in Dallas at 4039 Cole Ave APT 101, Dallas, TX, 75204 offers a 11.09% rental yield on a $289,500 purchase with $2,675/mo rent. Total monthly income registers $2,675/mo, and a $1,417/mo payment leaves $616/mo available for distribution. Annual cash flow reaches $7,395/yr on $95,969 to close, and return on cash invested stands at 27.61% in year one. Equity gained on principal adds $1,868/yr while 5% annual appreciation supports $79,984 over five years. Portfolio math shows five-year ROI at 145.42% and total cumulative return in cash at $139,563. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,675/mo property income against a $1,417/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1960
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75204, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,712 (100%) |
| Owner Occupied HU | 4,057 (15.2%) |
| Renter Occupied HU | 19,903 (74.5%) |
| Vacant Housing Units | 2,752 (10.3%) |
| Median Home Value | $498,932 |
| Average Home Value | $566,321 |
Housing Distribution
Address Breakdown
Residential
25,882
Single Family
3,973
Multi-Family
21,909
Businesses
1,252
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