7123 Santa Fe AveDallasTX75223
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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 7123 Santa Fe Ave, Dallas, TX, 75223 generates $3,137/mo in rent, after a $3,524/mo payment. Total monthly income is $3,137/mo. Return on cash invested sits at 10.01% in year one, and rental yield is 5.23% on a $720,000 entry. Equity gained on principal adds $4,646/yr, while 5% annual appreciation builds toward $198,923 over five years. Five-year ROI reaches 50.96% and total cumulative return in cash sums $120,715. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,137/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
7,927 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75223, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,848 (100%) |
| Owner Occupied HU | 2,438 (50.3%) |
| Renter Occupied HU | 2,087 (43.0%) |
| Vacant Housing Units | 323 ( 6.7%) |
| Median Home Value | $296,154 |
| Average Home Value | $365,079 |
Housing Distribution
Address Breakdown
Residential
4,748
Single Family
3,984
Multi-Family
764
Businesses
432
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Listed by: Marissa Fontanez • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #20931203
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.