948 Carom WayDallasTX75217
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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 948 Carom Way, Dallas, TX, 75217 generates $1,212/mo in rent and, after a $782/mo payment, leaves $76/mo in cash flow. Total monthly income is $1,212/mo, and annual cash flow is $909/yr on $52,974 invested. Return on cash invested sits at 21.63% in year one, and rental yield is 9.1% on a $159,800 entry. Equity gained on principal adds $1,031/yr, while 5% annual appreciation builds toward $44,150 over five years. Five-year ROI reaches 113.26% and total cumulative return in cash sums $59,999. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,212/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
7,884 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75217, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,962 (100%) |
| Owner Occupied HU | 13,760 (59.9%) |
| Renter Occupied HU | 7,990 (34.8%) |
| Vacant Housing Units | 1,212 ( 5.3%) |
| Median Home Value | $183,951 |
| Average Home Value | $215,605 |
Housing Distribution
Address Breakdown
Residential
24,395
Single Family
21,947
Multi-Family
2,448
Businesses
1,367
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