4800 Northway Dr APT 2CDallasTX75206
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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
Investment property for sale in Dallas at 4800 Northway Dr APT 2C, Dallas, TX, 75206 uses $79,461 cash to close to unlock $7,023/yr annual cash flow and $585/mo monthly cash flow. Total monthly income runs $2,413/mo, and a $1,173/mo payment keeps the spread at $585/mo. Purchase price stands at $239,700, and rental yield measures 12.08% with $2,413/mo rent. Return on cash invested shows 28.75% in year one, and 5% annual appreciation builds toward $66,225 over five years. Five-year ROI reaches 152.16% and total cumulative return in cash records $120,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,413/mo property income covering a $1,173/mo payment rather than investor’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75206, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,812 (100%) |
| Owner Occupied HU | 6,198 (22.3%) |
| Renter Occupied HU | 18,974 (68.2%) |
| Vacant Housing Units | 2,640 ( 9.5%) |
| Median Home Value | $612,487 |
| Average Home Value | $657,273 |
Housing Distribution
Address Breakdown
Residential
27,427
Single Family
8,392
Multi-Family
19,035
Businesses
1,854
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