4205 Avondale Ave APT 203DallasTX75219
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 4205 Avondale Ave APT 203, Dallas, TX, 75219 in Dallas achieves 1.78, rent of $1,241/mo covers the $697/mo payment 1.5x over at $155,000. Rental yield 9.61%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $42,824 over five years, with $1,428/yr in principal reduction bringing total projected return to $48,666.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.5% |
| Monthly Cash Flow | $(189) | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,241 |
| Total Monthly Debt Service | $1,369 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1965
0.93 Acres lot
$N/A/sqft
$328 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75219, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,341 (100%) |
| Owner Occupied HU | 5,787 (28.4%) |
| Renter Occupied HU | 12,458 (61.2%) |
| Vacant Housing Units | 2,096 (10.3%) |
| Median Home Value | $532,481 |
| Average Home Value | $687,588 |
Housing Distribution
Address Breakdown
Residential
20,674
Single Family
3,392
Multi-Family
17,282
Businesses
1,980
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1965
0.93 Acres lot
$N/A/sqft
$328 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75219, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,341 (100%) |
| Owner Occupied HU | 5,787 (28.4%) |
| Renter Occupied HU | 12,458 (61.2%) |
| Vacant Housing Units | 2,096 (10.3%) |
| Median Home Value | $532,481 |
| Average Home Value | $687,588 |
Housing Distribution
Address Breakdown
Residential
20,674
Single Family
3,392
Multi-Family
17,282
Businesses
1,980
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stefani Myers • Compass RE Texas, LLC.
Mls Name: NTREIS
Mls ID: #21015625
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.