5102 Goodwin AveDallasTX75206
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
Investment property for sale in Dallas at 5102 Goodwin Ave, Dallas, TX, 75206 uses $312,221 cash to close to unlock $3,797/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $7,398/mo, and a $4,645/mo payment keeps the spread at $316/mo. Purchase price stands at $949,000, and rental yield measures 9.35% with $7,398/mo rent. Return on cash invested shows 21.28% in year one, and 5% annual appreciation builds toward $262,191 over five years. Five-year ROI reaches 111.82% and total cumulative return in cash records $349,140. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,398/mo property income covering a $4,645/mo payment rather than investor’s personal income.
Single Family
Built in 1940
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75206, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,812 (100%) |
| Owner Occupied HU | 6,198 (22.3%) |
| Renter Occupied HU | 18,974 (68.2%) |
| Vacant Housing Units | 2,640 ( 9.5%) |
| Median Home Value | $612,487 |
| Average Home Value | $657,273 |
Housing Distribution
Address Breakdown
Residential
27,427
Single Family
8,392
Multi-Family
19,035
Businesses
1,854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Clayton Gumm • First Funding Group
Mls Name: NTREIS
Mls ID: #20822221
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.