5609 Smu Blvd APT 403DallasTX75206
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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 5609 Smu Blvd APT 403, Dallas, TX, 75206 uses $82,875 cash to close to unlock $1,558/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $1,908/mo, and a $1,224/mo payment keeps the spread at $130/mo. Purchase price stands at $250,000, and rental yield measures 9.16% with $1,908/mo rent. Return on cash invested shows 21.79% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 114.13% and total cumulative return in cash records $94,582. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,908/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 2008
0.66 Acres 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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