1200 Main St APT 1508, Dallas, TX, 75202 | $285/mo Cash Flow

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1200 Main St APT 1508, Dallas, TX, 75202 | $285/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Dallas at 1200 Main St APT 1508, Dallas, TX, 75202 listed at $250,000 pairs $2,063/mo rent with a $1,224/mo payment to leave $285/mo cash flow. Total monthly income runs $2,063/mo, and annual cash flow reaches $3,418/yr on $82,875 cash to close. Return on cash invested measures 24.03% in year one, and rental yield registers 9.9% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 126.16% and total cumulative return in cash totals $104,554. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,063/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1974

1.03 Acres lot

$N/A/sqft

No HOA

More details about the property

Step into a world of sophistication and modern elegance with this exquisite 1-bedroom, 1-bathroom high-rise condo, perfectly situated on the 15th floor in the heart of Downtown Dallas. Designed for those who appreciate the finer things in life, this residence offers an urban lifestyle surrounded by breathtaking vistas and a vibrant vertical neighborhood. The moment you enter, you're greeted by a lofty open floor plan adorned with custom lighting and rich hardwood flooring throughout. The gourmet kitchen is a culinary enthusiast's dream, featuring sleek stainless-steel appliances, gleaming granite countertops, a stylish breakfast bar, and a striking herringbone marble backsplash. Retreat to the serene master suite, where luxury meets comfort. The master bath is designed with exquisite travertine tiles, offering a spa-like experience right at home. Residents of this prestigious building enjoy a host of exceptional amenities, including newly renovated common areas, a 24-hour concierge service, and an array of lifestyle facilities. Take a dip in the rooftop pool, entertain in the theater room, or savor al fresco meals in the grilling area. Stay fit and productive with access to the fully-equipped fitness and business centers. Experience the pinnacle of modern urban living in this stunning Dallas condo, where every detail is crafted for luxury and convenience. Don't miss this opportunity to live luxuriously with expansive views and an unmatched lifestyle.

Neighborhood Data

Neighborhood data shown for ZIP Code: 75202, Dallas, TX area.

Housing Distribution

Housing Statistics

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