4837 Cedar Springs Rd APT 303DallasTX75219
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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 4837 Cedar Springs Rd APT 303, Dallas, TX, 75219 uses $41,106 cash to close to unlock $6,110/yr annual cash flow and $509/mo monthly cash flow. Total monthly income runs $1,801/mo, and a $607/mo payment keeps the spread at $509/mo. Purchase price stands at $124,000, and rental yield measures 17.43% with $1,801/mo rent. Return on cash invested shows 34.77% in year one, and 5% annual appreciation builds toward $34,259 over five years. Five-year ROI reaches 188.21% and total cumulative return in cash records $77,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,801/mo property income covering a $607/mo payment rather than investor’s personal income.
Condo
Built in 1970
6.61 Acres lot
$N/A/sqft
$410 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
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Listed by: Edward Taffer • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20572599
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.