5909 Luther Ln APT 1405DallasTX75225
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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 5909 Luther Ln APT 1405, Dallas, TX, 75225 generates $5,070/mo in rent, after a $7,073/mo payment. Total monthly income is $5,070/mo. Return on cash invested sits at 1.02% in year one, and rental yield is 4.21% on a $1,445,000 entry. Equity gained on principal adds $9,324/yr, while 5% annual appreciation builds toward $399,227 over five years. Five-year ROI reaches 4.88% and total cumulative return in cash sums $22,835. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,070/mo property income rather than buyer’s personal income.
Condo
Built in 1983
1.51 Acres lot
$N/A/sqft
$2,342 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75225, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,168 (100%) |
| Owner Occupied HU | 6,795 (66.8%) |
| Renter Occupied HU | 2,337 (23.0%) |
| Vacant Housing Units | 1,036 (10.2%) |
| Median Home Value | $1,346,967 |
| Average Home Value | $1,377,369 |
Housing Distribution
Address Breakdown
Residential
10,020
Single Family
6,504
Multi-Family
3,516
Businesses
1,648
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Listed by: Therese Rourk • Compass RE Texas, LLC.
Mls Name: NTREIS
Mls ID: #20887907
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.