5055 Addison Cir PENTHOUSE 409AddisonTX75001
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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 Addison at 5055 Addison Cir PENTHOUSE 409, Addison, TX, 75001 offers a 5.93% rental yield on a $448,000 purchase with $2,214/mo rent. 05% in year one. Equity gained on principal adds $2,891/yr while 5% annual appreciation supports $123,774 over five years. Portfolio math shows five-year ROI at 61.93% and total cumulative return in cash at $91,970. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,214/mo property income against a $2,193/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75001, Addison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,386 (100%) |
| Owner Occupied HU | 1,729 (15.2%) |
| Renter Occupied HU | 8,698 (76.4%) |
| Vacant Housing Units | 959 ( 8.4%) |
| Median Home Value | $435,573 |
| Average Home Value | $459,089 |
Housing Distribution
Address Breakdown
Residential
11,354
Single Family
1,820
Multi-Family
9,534
Businesses
2,198
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