505 Classen DrDallasTX75218
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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
Investment property for sale in Dallas at 505 Classen Dr, Dallas, TX, 75218 at $540,000 posts ROI 29.49% with $1,396/mo cash flow from $5,236/mo rent. Total monthly income equals $5,236/mo, and annual cash flow records $16,752/yr on $177,660 to close. Return on cash invested measures 29.49% and rental yield reads 11.64% at the current $540,000. Equity gained on principal adds $3,485/yr, and 5% annual appreciation supports $149,192 by year five. Five-year ROI prints 155.39% and total cumulative return in cash totals $276,062.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,236/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
8,786 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75218, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,024 (100%) |
| Owner Occupied HU | 6,583 (59.7%) |
| Renter Occupied HU | 3,731 (33.8%) |
| Vacant Housing Units | 710 ( 6.4%) |
| Median Home Value | $504,531 |
| Average Home Value | $587,481 |
Housing Distribution
Address Breakdown
Residential
10,773
Single Family
8,572
Multi-Family
2,201
Businesses
911
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Listed by: Clifton Kessler • Allie Beth Allman & Assoc.
Mls Name: NTREIS
Mls ID: #20704458
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.