4651 New Water LnDallasTX75219
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
Investment Highlights
Rental property for sale in Dallas at 4651 New Water Ln, Dallas, TX, 75219 priced at $531,900 converts $3,923/mo rent into after a $2,603/mo obligation. Total monthly income equals $3,923/mo. Return on cash invested prints 20.03% in year one, and rental yield reads 8.85% against a $531,900 entry. Equity gained on principal adds $3,432/yr, while 5% annual appreciation compiles into $146,954 by year five. Five-year ROI reaches 105.04% and total cumulative return in cash sums $183,819. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,923/mo property income covering a $2,603/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
1,071 sqft lot
$N/A/sqft
$145 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: Brit Ewers • Dave Perry Miller Real Estate
Mls Name: NTREIS
Mls ID: #20920910
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.