4640 Corregidor StDallasTX75216
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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
Rental property for sale in Dallas at 4640 Corregidor St, Dallas, TX, 75216 priced at $261,000 converts $2,073/mo rent into $217/mo cash flow after a $1,277/mo obligation. Total monthly income equals $2,073/mo, and annual cash flow totals $2,609/yr on $86,522 invested. Return on cash invested prints 22.92% in year one, and rental yield reads 9.53% against a $261,000 entry. Equity gained on principal adds $1,684/yr, while 5% annual appreciation compiles into $72,109 by year five. Five-year ROI reaches 120.26% and total cumulative return in cash sums $104,047. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,073/mo property income covering a $1,277/mo payment, not borrower’s personal income.
Single Family
Built in 2015
7,122 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75216, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,401 (100%) |
| Owner Occupied HU | 9,968 (51.4%) |
| Renter Occupied HU | 7,801 (40.2%) |
| Vacant Housing Units | 1,632 ( 8.4%) |
| Median Home Value | $142,118 |
| Average Home Value | $207,866 |
Housing Distribution
Address Breakdown
Residential
18,632
Single Family
15,796
Multi-Family
2,836
Businesses
962
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Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20835328
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.