7706 Meadow Rd APT 123DallasTX75230
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
Investment property for sale in Dallas at 7706 Meadow Rd APT 123, Dallas, TX, 75230 earns from $1,257/mo rent with a $808/mo payment. Total monthly income totals $1,257/mo. ROI tracks 8.66% on current figures, and rental yield reads 9.14% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 48.55% and total cumulative return in cash sums $26,555. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,257/mo property income instead of your personal income.
Condo
Built in 1963
3.03 Acres lot
$N/A/sqft
$596 monthly 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: Michael Anderson • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20913594
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.