4777 Cedar Springs Rd APT 8L, Dallas, TX, 75219 | $437/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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4777 Cedar Springs Rd APT 8L, Dallas, TX, 75219 | $437/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

Rental property for sale in Dallas at 4777 Cedar Springs Rd APT 8L, Dallas, TX, 75219 generates $2,069/mo in rent and, after a $1,123/mo payment, leaves $437/mo in cash flow. Total monthly income is $2,069/mo, and annual cash flow is $5,247/yr on $76,079 invested. Return on cash invested sits at 26.81% in year one, and rental yield is 10.82% on a $229,500 entry. Equity gained on principal adds $1,481/yr, while 5% annual appreciation builds toward $63,407 over five years. Five-year ROI reaches 141.07% and total cumulative return in cash sums $107,322. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,069/mo property income rather than buyer’s personal income.

Condo

Built in 1983

4.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated 2-story corner unit located at the Parkside Condos! Private, top floor unit offers an abundance of natural light, spacious living room with fireplace and private patio. The kitchen boasts stainless steel appliances, center island, quartz countertops and full-size laundry room. Powder bath is also located on the first floor. Bedrooms and full bath are located on second level. Loft can be used as a home office or closed off for a second bedroom. Condo comes with 2 assigned covered parking spots. Parkside Condos features a pool and a beautiful private, wooded greenbelt on the creek that is pet friendly. Conveniently located near Uptown, the Medical District, and within walking distance to the bars and restaurants.

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