5407 Merrimac AveDallasTX75206
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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 5407 Merrimac Ave, Dallas, TX, 75206 earns from $6,173/mo rent with a $4,405/mo payment. Total monthly income totals $6,173/mo. ROI tracks 19.14% on current figures, and rental yield reads 8.23% at a $899,995 purchase. Equity gained on principal adds $5,808/yr, and 5% annual appreciation supports $248,652 over five years. Five-year ROI reaches 99.92% and total cumulative return in cash sums $295,858. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,173/mo property income instead of your personal income.
Single Family
Built in 1928
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75206, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,812 (100%) |
| Owner Occupied HU | 6,198 (22.3%) |
| Renter Occupied HU | 18,974 (68.2%) |
| Vacant Housing Units | 2,640 ( 9.5%) |
| Median Home Value | $612,487 |
| Average Home Value | $657,273 |
Housing Distribution
Address Breakdown
Residential
27,427
Single Family
8,392
Multi-Family
19,035
Businesses
1,854
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