513 E Holly StDallasNC28034
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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
Rental property for sale in Dallas at 513 E Holly St, Dallas, NC, 28034 priced at $230,000 converts $1,506/mo rent into $104/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,506/mo, and annual cash flow totals $1,248/yr on $76,245 invested. Return on cash invested prints 21.55% in year one, and rental yield reads 7.86% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 111.49% and total cumulative return in cash sums $85,003. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,506/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28034, Dallas, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,751 (100%) |
| Owner Occupied HU | 5,909 (67.5%) |
| Renter Occupied HU | 2,315 (26.5%) |
| Vacant Housing Units | 527 ( 6.0%) |
| Median Home Value | $279,675 |
| Average Home Value | $318,208 |
Housing Distribution
Address Breakdown
Residential
8,074
Single Family
7,784
Multi-Family
290
Businesses
495
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Listed by: Maria Claudia Leon • Realty One Group Revolution
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4328130