519 Northlake DrDallasTX75218
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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 519 Northlake Dr, Dallas, TX, 75218 offers $5,856/mo rent that, after a $4,038/mo payment. Total monthly income is $5,856/mo. Return on cash invested measures 20.01% in year one, and rental yield stands at 8.52% at a $825,000 entry. Equity gained on principal adds $5,324/yr while 5% annual appreciation compounds into $227,932 by year five. Five-year ROI records 104.59% and total cumulative return in cash reaches $283,893. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,856/mo property income versus a $4,038/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75218, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,024 (100%) |
| Owner Occupied HU | 6,583 (59.7%) |
| Renter Occupied HU | 3,731 (33.8%) |
| Vacant Housing Units | 710 ( 6.4%) |
| Median Home Value | $504,531 |
| Average Home Value | $587,481 |
Housing Distribution
Address Breakdown
Residential
10,773
Single Family
8,572
Multi-Family
2,201
Businesses
911
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