4004 & 4006 S Denley Drive, Dallas, TX 75216
MULTI_FAMILY - Dallas, TX
Property Features for 4004 & 4006 S Denley Drive
General Information
Taxes and HOA fees
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The duplex is approximately one mile from the Dallas VA Medical Center and DART Blue Line. Cedar Crest Golf Course and Illinois Station are both under two miles away. The property has no HOA and no rental restrictions, with public water and public sewer service.
Key Highlights
- 1,721 sq ft per side; 3,442 sq ft total
- Three private bedroom suites per unit, each with a full bath and walk‑in closet
- Two‑car garage per side
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.2k | $27.96 |
| − Vacancy | −$9.8k | −$2.84 |
| EGI | $86.5k | $25.12 |
| − OpEx | −$25.9k | −$7.54 |
| NOI | $60.5k | $17.58 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 75216, TX
Market
Vacancy Rate% for Multifamily in South region