6038 Goodwin AveDallasTX75206
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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 6038 Goodwin Ave, Dallas, TX, 75206 offers a 4.86% rental yield on a $649,999 purchase with $2,633/mo rent. 9% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 45% and total cumulative return in cash at $96,241. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,633/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
9,496 sqft lot
$N/A/sqft
No 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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