7340 Skillman St APT 1004DallasTX75231
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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 7340 Skillman St APT 1004, Dallas, TX, 75231 earns $294/mo cash flow from $1,378/mo rent with a $746/mo payment. Total monthly income totals $1,378/mo, and annual cash flow totals $3,528/yr on $50,554 capital. ROI tracks 26.89% on current figures, and rental yield reads 10.84% at a $152,500 purchase. Equity gained on principal adds $984/yr, and 5% annual appreciation supports $42,133 over five years. Five-year ROI reaches 141.45% and total cumulative return in cash sums $71,507. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,378/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75231, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,072 (100%) |
| Owner Occupied HU | 3,394 (15.4%) |
| Renter Occupied HU | 15,728 (71.3%) |
| Vacant Housing Units | 2,950 (13.4%) |
| Median Home Value | $541,224 |
| Average Home Value | $538,955 |
Housing Distribution
Address Breakdown
Residential
21,094
Single Family
4,505
Multi-Family
16,589
Businesses
1,720
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