4837 Cedar Springs Rd APT 314DallasTX75219
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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 4837 Cedar Springs Rd APT 314, Dallas, TX, 75219 generates $1,050/mo in rent, after a $661/mo payment. Total monthly income is $1,050/mo. Return on cash invested sits at 9.19% in year one, and rental yield is 9.33% on a $134,995 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,297 over five years. Five-year ROI reaches 51.43% and total cumulative return in cash sums $23,015. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,050/mo property income rather than buyer’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: Kevin Day • Central Metro Realty
Mls Name: NTREIS
Mls ID: #20836098
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.