406 Parkview AveDallasTX75223
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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 406 Parkview Ave, Dallas, TX, 75223 earns $2,725/mo cash flow from $6,706/mo rent with a $2,740/mo payment. Total monthly income totals $6,706/mo, and annual cash flow totals $32,699/yr on $184,207 capital. ROI tracks 37.81% on current figures, and rental yield reads 14.37% at a $559,900 purchase. Equity gained on principal adds $3,613/yr, and 5% annual appreciation supports $154,690 over five years. Five-year ROI reaches 200.02% and total cumulative return in cash sums $368,458. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,706/mo property income instead of your personal income.
Single Family
Built in 2018
3,746 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75223, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,848 (100%) |
| Owner Occupied HU | 2,438 (50.3%) |
| Renter Occupied HU | 2,087 (43.0%) |
| Vacant Housing Units | 323 ( 6.7%) |
| Median Home Value | $296,154 |
| Average Home Value | $365,079 |
Housing Distribution
Address Breakdown
Residential
4,748
Single Family
3,984
Multi-Family
764
Businesses
432
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Listed by: Nyda Faith • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20613669
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.