4859 Cedar Springs Rd APT 355DallasTX75219
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
Total monthly income runs $1,054/mo, and a $661/mo payment. Purchase price stands at $135,000, and rental yield measures 9.37% with $1,054/mo rent. Return on cash invested shows 11.43% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 62.59% and total cumulative return in cash records $28,009. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,054/mo property income covering a $661/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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William Harris • Local Realty Agency
Mls Name: NTREIS
Mls ID: #20833104
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.