5750 Phoenix Dr APT 29DallasTX75231
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 29, Dallas, TX, 75231 listed at $128,500 pairs $2,419/mo rent with a $629/mo payment to leave $1,035/mo cash flow. Total monthly income runs $2,419/mo, and annual cash flow reaches $12,418/yr on $42,598 cash to close. Return on cash invested measures 49.06% in year one, and rental yield registers 22.59% at a $128,500 basis. Equity gained on principal adds $829/yr, and annual property appreciation at 5% supports $35,502 by year five. Five-year ROI tracks 265.2% and total cumulative return in cash totals $112,968. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,419/mo property income relative to a $629/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
2.01 Acres lot
$N/A/sqft
$385 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edward Mcclintick • Joseph Walter Realty, LLC
Mls Name: NTREIS
Mls ID: #20650955
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.