511 Josephine StDallasTX75246
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
Rental property for sale in Dallas at 511 Josephine St, Dallas, TX, 75246 priced at $330,000 pairs $2,828/mo rent with $482/mo cash flow after a $1,615/mo payment. Total monthly income equals $2,828/mo, and annual cash flow comes to $5,778/yr on $109,395 invested. Return on cash invested is 25.19% in year one, and rental yield stands at 10.28% on a $330,000 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,173 by year five. Five-year ROI measures 132.38% and total cumulative return in cash reaches $144,815. For financing, Ziffy Mortgage’s DSCR program evaluates $2,828/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1985
2,918 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75246, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,105 (100%) |
| Owner Occupied HU | 211 (19.1%) |
| Renter Occupied HU | 729 (66.0%) |
| Vacant Housing Units | 165 (14.9%) |
| Median Home Value | $588,964 |
| Average Home Value | $620,794 |
Housing Distribution
Address Breakdown
Residential
1,509
Single Family
543
Multi-Family
966
Businesses
334
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices