714 N Edgefield AveDallasTX75208
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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 714 N Edgefield Ave, Dallas, TX, 75208 priced at $859,000 converts $4,739/mo rent into after a $4,204/mo obligation. Total monthly income equals $4,739/mo. Return on cash invested prints 14.25% in year one, and rental yield reads 6.62% against a $859,000 entry. Equity gained on principal adds $5,543/yr, while 5% annual appreciation compiles into $237,326 by year five. Five-year ROI reaches 73.66% and total cumulative return in cash sums $208,167. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,739/mo property income covering a $4,204/mo payment, not borrower’s personal income.
Single Family
Built in 1914
7,579 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75208, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,625 (100%) |
| Owner Occupied HU | 6,019 (41.2%) |
| Renter Occupied HU | 6,897 (47.2%) |
| Vacant Housing Units | 1,709 (11.7%) |
| Median Home Value | $466,400 |
| Average Home Value | $537,812 |
Housing Distribution
Address Breakdown
Residential
14,325
Single Family
9,342
Multi-Family
4,983
Businesses
1,540
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