516 Phinney AveCockrell HillTX75211
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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 Cockrell Hill at 516 Phinney Ave, Cockrell Hill, TX, 75211 offers a 12.46% rental yield on a $184,400 purchase with $1,914/mo rent. Total monthly income registers $1,914/mo, and a $903/mo payment leaves $529/mo available for distribution. Annual cash flow reaches $6,349/yr on $61,129 to close, and return on cash invested stands at 30.3% in year one. Equity gained on principal adds $1,190/yr while 5% annual appreciation supports $50,946 over five years. Portfolio math shows five-year ROI at 160.33% and total cumulative return in cash at $98,010. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,914/mo property income against a $903/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
10,106 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75211, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,813 (100%) |
| Owner Occupied HU | 10,435 (45.7%) |
| Renter Occupied HU | 10,877 (47.7%) |
| Vacant Housing Units | 1,501 ( 6.6%) |
| Median Home Value | $250,988 |
| Average Home Value | $293,982 |
Housing Distribution
Address Breakdown
Residential
22,758
Single Family
17,260
Multi-Family
5,498
Businesses
1,279
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