1200 Main St APT 804, Dallas, TX, 75202 | $386/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1200 Main St APT 804, Dallas, TX, 75202 | $386/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 804, Dallas, TX, 75202 uses $115,859 cash to close to unlock $4,635/yr annual cash flow and $386/mo monthly cash flow. Total monthly income runs $2,872/mo, and a $1,711/mo payment keeps the spread at $386/mo. Purchase price stands at $349,500, and rental yield measures 9.86% with $2,872/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $96,560 over five years. Five-year ROI reaches 125.54% and total cumulative return in cash records $145,453. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,872/mo property income covering a $1,711/mo payment rather than investor’s personal income.

Condo

Built in 1974

1.03 Acres lot

$N/A/sqft

No HOA

More details about the property

This downtown Dallas two bedroom, two bath condo features an open floor plan with stunning west facing, city views of Reunion Tower, the Bank of America Building, and picturesque sunsets. The kitchen is equipped with a NEW stainless steel stove, dishwasher, and microwave...it also features granite countertops and significant cabinet storage. The large primary bedroom includes a well designed walk-in closet. The bathrooms offer large vanities with large designer mirrors and lighting...and new toilets. The primary bath features a large soaking tub. The Refrigerator and full-sized Washer & Dryer are included. This unit comes with the rare and highly coveted TWO seperate parking spaces, not tandem! If you only need one space, you can sell (or rent) your extra space...parking spaces have previously sold for $20,000. Enjoy building amenities like a fitness center, resort-style pool, business center, and 24-hour concierge. Secure parking and controlled access ensure peace of mind. Located just steps from top dining, shopping, and entertainment, this condo offers convenience and luxury.

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