521 Melba St UNIT 102DallasTX75208
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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 Dallas at 521 Melba St UNIT 102, Dallas, TX, 75208 offers a 14.08% rental yield on a $555,000 purchase with $6,514/mo rent. Total monthly income registers $6,514/mo, and a $2,716/mo payment leaves $2,343/mo available for distribution. Annual cash flow reaches $28,113/yr on $182,595 to close, and return on cash invested stands at 35.46% in year one. Equity gained on principal adds $3,581/yr while 5% annual appreciation supports $153,336 over five years. Portfolio math shows five-year ROI at 187.93% and total cumulative return in cash at $343,160. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,514/mo property income against a $2,716/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
6,316 sqft lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75208, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,625 (100%) |
| Owner Occupied HU | 6,019 (41.2%) |
| Renter Occupied HU | 6,897 (47.2%) |
| Vacant Housing Units | 1,709 (11.7%) |
| Median Home Value | $466,400 |
| Average Home Value | $537,812 |
Housing Distribution
Address Breakdown
Residential
14,325
Single Family
9,342
Multi-Family
4,983
Businesses
1,540
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Listed by: Leston Eustache • Bray Real Estate Group- Dallas
Mls Name: NTREIS
Mls ID: #20681791
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.