9448 Hobart StDallasTX75218
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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 9448 Hobart St, Dallas, TX, 75218 generates $5,154/mo in rent and, after a $3,468/mo payment, leaves $115/mo in cash flow. Total monthly income is $5,154/mo, and annual cash flow is $1,385/yr on $233,103 invested. Return on cash invested sits at 20.65% in year one, and rental yield is 8.73% on a $708,520 entry. Equity gained on principal adds $4,572/yr, while 5% annual appreciation builds toward $195,751 over five years. Five-year ROI reaches 108.03% and total cumulative return in cash sums $251,811. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,154/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.28 Acres 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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