951 Channing CirDallasTX75224
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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 951 Channing Cir, Dallas, TX, 75224 generates $1,847/mo in rent, after a $1,322/mo payment. Total monthly income is $1,847/mo. Return on cash invested sits at 18.92% in year one, and rental yield is 8.21% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 98.8% and total cumulative return in cash sums $88,429. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,847/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75224, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,176 (100%) |
| Owner Occupied HU | 5,318 (47.6%) |
| Renter Occupied HU | 4,940 (44.2%) |
| Vacant Housing Units | 918 ( 8.2%) |
| Median Home Value | $297,919 |
| Average Home Value | $334,135 |
Housing Distribution
Address Breakdown
Residential
11,196
Single Family
7,662
Multi-Family
3,534
Businesses
604
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