5609 Miller 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
Rental property for sale in Dallas at 5609 Miller Ave, Dallas, TX, 75206 offers $4,437/mo rent that, after a $5,629/mo payment. Total monthly income is $4,437/mo. Return on cash invested measures 8.32% in year one, and rental yield stands at 4.63% at a $1,150,000 entry. Equity gained on principal adds $7,421/yr while 5% annual appreciation compounds into $317,724 by year five. Five-year ROI records 41.84% and total cumulative return in cash reaches $155,889. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,437/mo property income versus a $5,629/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
8,015 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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Listed by: Kyle Baugh • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20911694
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.