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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Dallas at 1200 Main St APT 1402, Dallas, TX, 75202 offers a 10.65% rental yield on a $224,999 purchase with $1,996/mo rent. Total monthly income registers $1,996/mo, and a $1,101/mo payment leaves $396/mo available for distribution. Annual cash flow reaches $4,755/yr on $74,587 to close, and return on cash invested stands at 26.28% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 138.28% and total cumulative return in cash at $103,137. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,996/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75202, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,707 (100%) |
| Owner Occupied HU | 469 (12.7%) |
| Renter Occupied HU | 2,564 (69.2%) |
| Vacant Housing Units | 674 (18.2%) |
| Median Home Value | $413,194 |
| Average Home Value | $659,328 |
Residential
2,747
Single Family
3
Multi-Family
2,744
Businesses
631
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gary Tinsley • White Rock Realty
Mls Name: NTREIS
Mls ID: #20973353
