8632 Redondo DrDallasTX75218
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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 8632 Redondo Dr, Dallas, TX, 75218 generates $2,370/mo in rent, after a $2,937/mo payment. Total monthly income is $2,370/mo. Return on cash invested sits at 8.22% in year one, and rental yield is 4.74% on a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 41.48% and total cumulative return in cash sums $81,876. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,370/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
7,623 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75218, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,024 (100%) |
| Owner Occupied HU | 6,583 (59.7%) |
| Renter Occupied HU | 3,731 (33.8%) |
| Vacant Housing Units | 710 ( 6.4%) |
| Median Home Value | $504,531 |
| Average Home Value | $587,481 |
Housing Distribution
Address Breakdown
Residential
10,773
Single Family
8,572
Multi-Family
2,201
Businesses
911
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Listed by: Billy Boone • Allie Beth Allman & Assoc.
Mls Name: NTREIS
Mls ID: #21066618
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.