648 Midvale DrDallasTX75232
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 648 Midvale Dr, Dallas, TX, 75232 at $195,000 posts ROI 28.67% with $472/mo cash flow from $1,858/mo rent. Total monthly income equals $1,858/mo, and annual cash flow records $5,661/yr on $64,643 to close. Return on cash invested measures 28.67% and rental yield reads 11.43% at the current $195,000. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 by year five. Five-year ROI prints 151.01% and total cumulative return in cash totals $97,618.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,858/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75232, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,524 (100%) |
| Owner Occupied HU | 6,328 (60.1%) |
| Renter Occupied HU | 3,634 (34.5%) |
| Vacant Housing Units | 562 ( 5.3%) |
| Median Home Value | $257,368 |
| Average Home Value | $353,589 |
Housing Distribution
Address Breakdown
Residential
10,681
Single Family
9,138
Multi-Family
1,543
Businesses
356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristi Sheffy • LPT Realty LLC
Mls Name: NTREIS
Mls ID: #20916985
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.