420 Sparks StDallasTX75203
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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 420 Sparks St, Dallas, TX, 75203 offers a 9.36% rental yield on a $479,000 purchase with $3,738/mo rent. Total monthly income registers $3,738/mo, and a $2,344/mo payment leaves $332/mo available for distribution. Annual cash flow reaches $3,987/yr on $158,789 to close, and return on cash invested stands at 22.42% in year one. Equity gained on principal adds $3,091/yr while 5% annual appreciation supports $132,339 over five years. Portfolio math shows five-year ROI at 117.52% and total cumulative return in cash at $186,615. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,738/mo property income against a $2,344/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
2,482 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75203, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,521 (100%) |
| Owner Occupied HU | 1,779 (20.9%) |
| Renter Occupied HU | 5,592 (65.6%) |
| Vacant Housing Units | 1,150 (13.5%) |
| Median Home Value | $201,658 |
| Average Home Value | $291,334 |
Housing Distribution
Address Breakdown
Residential
7,375
Single Family
3,536
Multi-Family
3,839
Businesses
523
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