








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 303, Dallas, TX, 75202 generates $1,996/mo in rent, after a $1,165/mo payment. Total monthly income is $1,996/mo. Return on cash invested sits at 11.8% in year one, and rental yield is 10.06% on a $238,000 entry. Equity gained on principal adds $1,536/yr, while 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 65.17% and total cumulative return in cash sums $51,418. 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
$622 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 |
|---|---|---|
| 2025-06-06 | Listed for sale | $238,000 |
| 2022-05-05 | Listing removed | N/A |
| 2022-03-03 | Listed for rent | $1,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-06 | $6528.60 | 42.33% | $275,000 | 45.31% |
| 2023-06-06 | $4587.00 | -8.17% | $189,250 | N/A |
| 2022-06-06 | $4995.03 | -4.61% | $189,250 | N/A |



Listed by: Philip Hobson • Berkshire HathawayHS PenFed TX
Mls Name: NTREIS
Mls ID: #20959972
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.