6615 Bandera Ave APT 2FDallasTX75225
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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
Rental property for sale in Dallas at 6615 Bandera Ave APT 2F, Dallas, TX, 75225 priced at $1,200,000 converts $6,380/mo rent into after a $5,873/mo obligation. Total monthly income equals $6,380/mo. Return on cash invested prints 8.49% in year one, and rental yield reads 6.38% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 44.62% and total cumulative return in cash sums $173,495. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,380/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Condo
Built in 2006
1.94 Acres lot
$N/A/sqft
$1,697 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
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Listed by: Kim Calloway • Allie Beth Allman & Assoc.
Mls Name: NTREIS
Mls ID: #20608342
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.