718 Grandview 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 718 Grandview Ave, Dallas, TX, 75223 priced at $589,500 pairs $2,153/mo rent with after a $2,885/mo payment. Total monthly income equals $2,153/mo. Return on cash invested is 7.45% in year one, and rental yield stands at 4.38% on a $589,500 basis. Equity gained on principal adds $3,804/yr, and 5% annual appreciation accumulates to $162,868 by year five. Five-year ROI measures 37.21% and total cumulative return in cash reaches $72,159. For financing, Ziffy Mortgage’s DSCR program evaluates $2,153/mo property income against a $2,885/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1923
0.27 Acres 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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