8427 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 8427 Ridgelea St, Dallas, TX, 75209 earns from $3,454/mo rent with a $3,181/mo payment. Total monthly income totals $3,454/mo. ROI tracks 13.51% on current figures, and rental yield reads 6.38% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 69.72% and total cumulative return in cash sums $149,090. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,454/mo property income instead of your personal income.
Single Family
Built in 1947
7,492 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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