7607 Lavendale AveDallasTX75230
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7607 Lavendale Ave, Dallas, TX, 75230 priced at $1,149,000 pairs $8,892/mo rent with $721/mo cash flow after a $5,624/mo payment. Total monthly income equals $8,892/mo, and annual cash flow comes to $8,653/yr on $372,276 invested. Return on cash invested is 22.69% in year one, and rental yield stands at 9.29% on a $1,149,000 basis. Equity gained on principal adds $7,414/yr, and 5% annual appreciation accumulates to $317,448 by year five. Five-year ROI measures 118.93% and total cumulative return in cash reaches $442,735. For financing, Ziffy Mortgage’s DSCR program evaluates $8,892/mo property income against a $5,624/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75230, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,818 (100%) |
| Owner Occupied HU | 7,824 (52.8%) |
| Renter Occupied HU | 5,570 (37.6%) |
| Vacant Housing Units | 1,424 ( 9.6%) |
| Median Home Value | $871,958 |
| Average Home Value | $1,051,339 |
Housing Distribution
Address Breakdown
Residential
14,197
Single Family
8,433
Multi-Family
5,764
Businesses
1,190
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Corey Martin • Ultima Real Estate
Mls Name: NTREIS
Mls ID: #20675856
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.