8545 Midpark Rd APT 46DallasTX75240
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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
Rental property for sale in Dallas at 8545 Midpark Rd APT 46, Dallas, TX, 75240 generates $1,166/mo in rent, after a $710/mo payment. Total monthly income is $1,166/mo. Return on cash invested sits at 13.66% in year one, and rental yield is 9.65% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 74.06% and total cumulative return in cash sums $35,600. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,166/mo property income rather than buyer’s personal income.
Condo
Built in 1982
3.46 Acres lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75240, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,532 (100%) |
| Owner Occupied HU | 2,391 (16.5%) |
| Renter Occupied HU | 10,786 (74.2%) |
| Vacant Housing Units | 1,355 ( 9.3%) |
| Median Home Value | $459,306 |
| Average Home Value | $604,977 |
Housing Distribution
Address Breakdown
Residential
12,400
Single Family
3,369
Multi-Family
9,031
Businesses
1,576
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Listed by: Destiny Hunt • Epique Realty LLC
Mls Name: NTREIS
Mls ID: #20786902
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.