6024 E University Blvd APT 216DallasTX75206
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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 6024 E University Blvd APT 216, Dallas, TX, 75206 listed at $257,400 pairs $2,495/mo rent with a $1,260/mo payment to leave $641/mo cash flow. Total monthly income runs $2,495/mo, and annual cash flow reaches $7,697/yr on $85,328 cash to close. Return on cash invested measures 28.93% in year one, and rental yield registers 11.63% at a $257,400 basis. Equity gained on principal adds $1,661/yr, and annual property appreciation at 5% supports $71,115 by year five. Five-year ROI tracks 152.57% and total cumulative return in cash totals $130,181. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,495/mo property income relative to a $1,260/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1963
4.29 Acres lot
$N/A/sqft
$23 monthly 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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