8208 Ridgelea StDallasTX75209
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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 8208 Ridgelea St, Dallas, TX, 75209 listed at $1,195,000 pairs $11,822/mo rent with a $5,849/mo payment to leave $3,324/mo cash flow. Total monthly income runs $11,822/mo, and annual cash flow reaches $39,889/yr on $387,180 cash to close. Return on cash invested measures 30.67% in year one, and rental yield registers 11.87% at a $1,195,000 basis. Equity gained on principal adds $7,711/yr, and annual property appreciation at 5% supports $330,156 by year five. Five-year ROI tracks 161.71% and total cumulative return in cash totals $626,102. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $11,822/mo property income relative to a $5,849/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
7,579 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75209, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,729 (100%) |
| Owner Occupied HU | 4,456 (57.7%) |
| Renter Occupied HU | 2,555 (33.1%) |
| Vacant Housing Units | 718 ( 9.3%) |
| Median Home Value | $803,285 |
| Average Home Value | $1,023,005 |
Housing Distribution
Address Breakdown
Residential
7,445
Single Family
5,364
Multi-Family
2,081
Businesses
561
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Listed by: Christopher Passero • REAL BROKER, LLC
Mls Name: NTREIS
Mls ID: #20520999
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.