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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 Carrollton at 1210 Noble Ave, Carrollton, TX, 75006 priced at $350,000 converts $3,107/mo rent into $618/mo cash flow after a $1,713/mo obligation. Total monthly income equals $3,107/mo, and annual cash flow totals $7,418/yr on $116,025 invested. Return on cash invested prints 26.3% in year one, and rental yield reads 10.65% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 138.36% and total cumulative return in cash sums $160,538. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,107/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1969
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75006, Carrollton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,503 (100%) |
| Owner Occupied HU | 9,330 (47.8%) |
| Renter Occupied HU | 9,140 (46.9%) |
| Vacant Housing Units | 1,033 ( 5.3%) |
| Median Home Value | $334,267 |
| Average Home Value | $359,234 |
Residential
19,005
Single Family
12,160
Multi-Family
6,845
Businesses
2,847
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Listed for sale | $350,000 |
| 2024-10-08 | Contingent | $350,000 |
| 2024-10-04 | Listed for sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $3795.16 | 19.88% | $345,330 | 24.59% |
| 2022-10-21 | $3165.80 | 265.66% | $277,180 | 47.66% |
| 2021-10-21 | $865.77 | 3.56% | $187,720 | N/A |
Listed by: Jessica Carter • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #20745310
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.
