4414 Cedar Springs Rd APT 323, Dallas, TX, 75219 | $165/mo Cash Flow

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4414 Cedar Springs Rd APT 323, Dallas, TX, 75219 | $165/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Dallas at 4414 Cedar Springs Rd APT 323, Dallas, TX, 75219 offers a 9.4% rental yield on a $230,000 purchase with $1,801/mo rent. Total monthly income registers $1,801/mo, and a $1,126/mo payment leaves $165/mo available for distribution. Annual cash flow reaches $1,982/yr on $76,245 to close, and return on cash invested stands at 22.51% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 118.05% and total cumulative return in cash at $90,007. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,801/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2003

2.03 Acres lot

$N/A/sqft

No HOA

More details about the property

Come see this captivating top floor, corner unit condo with soaring ceilings nestled in a gated community in the heart of vibrant Oaklawn, complete with a reserved covered parking spot. Flooded with natural light from an abundance of windows, the thoughtfully designed open-concept layout features a spacious kitchen and living area perfect for both relaxing and entertaining. The generously sized bedroom boasts an en-suite bath with an oversized walk-in closet provide and additional line closed providing ample storage. Recent updates elevate the homes appeal, including new windows and carpet along with an updated HVAC system and nest thermostat system. Enjoy resort-style amenities in the well-maintained community, including the recently refinished pool, plus brand-new Peloton workout equipment in the fitness center. HOA dues include water, trash valet, landscaping, blanket insurance, exterior maintenance, and professional managementensuring truly effortless living. Just steps from Dallas top restaurants, shops, Whole Foods Market, and with easy access to the Tollway, this home offers the perfect blend of comfort, style, and location.

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