706 W Saner AveDallasTX75224
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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 706 W Saner Ave, Dallas, TX, 75224 uses $96,102 cash to close to unlock $79/yr annual cash flow and $7/mo monthly cash flow. Total monthly income runs $2,073/mo, and a $1,419/mo payment keeps the spread at $7/mo. Purchase price stands at $289,900, and rental yield measures 8.58% with $2,073/mo rent. Return on cash invested shows 19.99% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 104.54% and total cumulative return in cash records $100,461. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,073/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1951
8,363 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75224, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,176 (100%) |
| Owner Occupied HU | 5,318 (47.6%) |
| Renter Occupied HU | 4,940 (44.2%) |
| Vacant Housing Units | 918 ( 8.2%) |
| Median Home Value | $297,919 |
| Average Home Value | $334,135 |
Housing Distribution
Address Breakdown
Residential
11,196
Single Family
7,662
Multi-Family
3,534
Businesses
604
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Listed by: Guy Rourk • Mersaes Real Estate, Inc.
Mls Name: NTREIS
Mls ID: #20751544
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.