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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% |
Rental property for sale in Dallas at 1200 Main St APT 1403, Dallas, TX, 75202 generates $1,996/mo in rent, after a $1,297/mo payment. Total monthly income is $1,996/mo. Return on cash invested sits at 13.4% in year one, and rental yield is 9.04% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 72.07% and total cumulative return in cash sums $63,315. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,996/mo property income rather than buyer’s personal income.
Condo
Built in 1974
1.03 Acres lot
$N/A/sqft
$500 monthly 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 |
|---|---|---|
| 2024-10-18 | Listed for sale | $265,000 |
| 2020-08-13 | Listing removed | $1,725 |
| 2020-07-29 | Price change | $1,725 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $5453.52 | -8.17% | $225,000 | N/A |
| 2022-10-21 | $5938.64 | -4.61% | $225,000 | N/A |
| 2021-10-21 | $6225.74 | -2.64% | $225,000 | N/A |
Listed by: Cynthia Coggins • Keller Williams Realty Allen
Mls Name: NTREIS
Mls ID: #20752343
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
