9408 Mill Hollow DrDallasTX75243
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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 9408 Mill Hollow Dr, Dallas, TX, 75243 generates $6,392/mo in rent and, after a $4,058/mo payment, leaves $496/mo in cash flow. Total monthly income is $6,392/mo, and annual cash flow is $5,957/yr on $272,741 invested. Return on cash invested sits at 22.24% in year one, and rental yield is 9.25% on a $829,000 entry. Equity gained on principal adds $5,349/yr, while 5% annual appreciation builds toward $229,037 over five years. Five-year ROI reaches 116.56% and total cumulative return in cash sums $317,896. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,392/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
9,191 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75243, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,822 (100%) |
| Owner Occupied HU | 6,966 (24.2%) |
| Renter Occupied HU | 18,726 (65.0%) |
| Vacant Housing Units | 3,130 (10.9%) |
| Median Home Value | $406,000 |
| Average Home Value | $459,045 |
Housing Distribution
Address Breakdown
Residential
28,794
Single Family
8,468
Multi-Family
20,326
Businesses
2,250
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Listed by: Marsha Ashlock • Visions Realty & Investments
Mls Name: NTREIS
Mls ID: #20673616
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.