5909 Luther Ln APT 2000DallasTX75225
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
Rental property for sale in Dallas at 5909 Luther Ln APT 2000, Dallas, TX, 75225 generates $4,882/mo in rent, after a $6,994/mo payment. Total monthly income is $4,882/mo. Return on cash invested sits at 0.65% in year one, and rental yield is 4.1% on a $1,429,000 entry. Equity gained on principal adds $9,221/yr, while 5% annual appreciation builds toward $394,806 over five years. Five-year ROI reaches 2.88% and total cumulative return in cash sums $13,348. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,882/mo property income rather than buyer’s personal income.
Condo
Built in 1983
1.51 Acres lot
$N/A/sqft
$2,105 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Juli Black • Allie Beth Allman & Assoc.
Mls Name: NTREIS
Mls ID: #20825570
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.