504 S Ravinia DrDallasTX75211
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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 504 S Ravinia Dr, Dallas, TX, 75211 listed at $850,000 pairs $7,894/mo rent with a $4,160/mo payment to leave $1,850/mo cash flow. Total monthly income runs $7,894/mo, and annual cash flow reaches $22,198/yr on $279,650 cash to close. Return on cash invested measures 28% in year one, and rental yield registers 11.14% at a $850,000 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 147.4% and total cumulative return in cash totals $412,198. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,894/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.40 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 75211, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,813 (100%) |
| Owner Occupied HU | 10,435 (45.7%) |
| Renter Occupied HU | 10,877 (47.7%) |
| Vacant Housing Units | 1,501 ( 6.6%) |
| Median Home Value | $250,988 |
| Average Home Value | $293,982 |
Housing Distribution
Address Breakdown
Residential
22,758
Single Family
17,260
Multi-Family
5,498
Businesses
1,279
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-12 | Listed for sale | $850,000 |
| 2024-05-31 | Listing removed | N/A |
| 2024-04-15 | Contingent | $870,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $11628.34 | 950.40% | $506,730 | 12.65% |
| 2022-08-16 | $1107.04 | 8.10% | $449,840 | 68.27% |
| 2021-08-16 | $1024.08 | 13.56% | $267,340 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1940
- Architectural Style: Mediterranean,Spanish,Traditional,Detached
- Building Area: N/A
- Living Area: 4,211 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Natural Gas
- Cooling: Central Air, Electric
- Flooring: Ceramic Tile, Wood
- Interior Features: Dry Bar, Decorative/Designer Lighting Fixtures, High Speed Internet, Kitchen Island, Multiple Staircases, Open Floorplan, Cable TV, Walk-In Closet(s), Wired for Sound
- Exterior Features: Courtyard, Rain Gutters
- Parking Features: Garage, Garage Door Opener
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Peabody
- Middle School: Raul Quintanilla
- High School: Sunset
Listed by: Ben Fluno • Texas Urban Living Realty
Mls Name: NTREIS
Mls ID: #20700758
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.