5750 Phoenix Dr APT 22DallasTX75231
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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 5750 Phoenix Dr APT 22, Dallas, TX, 75231 listed at $110,000 pairs $854/mo rent with a $538/mo payment. Total monthly income runs $854/mo. Return on cash invested measures 12.9% in year one, and rental yield registers 9.32% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 70.03% and total cumulative return in cash totals $25,536. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $854/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
2.01 Acres lot
$N/A/sqft
$285 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75231, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,072 (100%) |
| Owner Occupied HU | 3,394 (15.4%) |
| Renter Occupied HU | 15,728 (71.3%) |
| Vacant Housing Units | 2,950 (13.4%) |
| Median Home Value | $541,224 |
| Average Home Value | $538,955 |
Housing Distribution
Address Breakdown
Residential
21,094
Single Family
4,505
Multi-Family
16,589
Businesses
1,720
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Listed by: Leigh Bates • Jason Mitchell Real Estate
Mls Name: NTREIS
Mls ID: #20823380
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.