4915 & 4917 Newmore AveDallasTX75209
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 4915 & 4917 Newmore Ave, Dallas, TX, 75209 in Dallas is straightforward: $615,000 in, $5,058/mo in rent, $685/mo out after debt service. The 9.87% gross yield and 1.83 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $169,913 by year five. With $5,664/yr in principal equity, the total cumulative return is projected at $279,746.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.5% |
| Monthly Cash Flow | $685 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,058 |
| Total Monthly Debt Service | $4,129 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1950
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75209, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,729 (100%) |
| Owner Occupied HU | 4,456 (57.7%) |
| Renter Occupied HU | 2,555 (33.1%) |
| Vacant Housing Units | 718 ( 9.3%) |
| Median Home Value | $803,285 |
| Average Home Value | $1,023,005 |
Housing Distribution
Address Breakdown
Residential
7,445
Single Family
5,364
Multi-Family
2,081
Businesses
561
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
Multi Family
Built in 1950
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75209, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,729 (100%) |
| Owner Occupied HU | 4,456 (57.7%) |
| Renter Occupied HU | 2,555 (33.1%) |
| Vacant Housing Units | 718 ( 9.3%) |
| Median Home Value | $803,285 |
| Average Home Value | $1,023,005 |
Housing Distribution
Address Breakdown
Residential
7,445
Single Family
5,364
Multi-Family
2,081
Businesses
561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacqueline Pearson • Agency Dallas Park Cities, LLC
Mls Name: NTREIS
Mls ID: #20858932
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.