6518 Meade StDallasTX75232
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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 6518 Meade St, Dallas, TX, 75232 uses $66,267 cash to close to unlock $1,727/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $1,581/mo, and a $978/mo payment keeps the spread at $144/mo. Purchase price stands at $199,900, and rental yield measures 9.49% with $1,581/mo rent. Return on cash invested shows 22.51% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 118.12% and total cumulative return in cash records $78,277. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,581/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1947
10,454 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
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Listed by: Christopher Vyers • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #21043519
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.