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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 1214 E Waco Ave, Dallas, TX, 75216 priced at $399,000 converts $2,310/mo rent into after a $1,953/mo obligation. Total monthly income equals $2,310/mo. Return on cash invested prints 15.12% in year one, and rental yield reads 6.95% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 78.41% and total cumulative return in cash sums $103,706. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,310/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 1939
6,403 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75216, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,401 (100%) |
| Owner Occupied HU | 9,968 (51.4%) |
| Renter Occupied HU | 7,801 (40.2%) |
| Vacant Housing Units | 1,632 ( 8.4%) |
| Median Home Value | $142,118 |
| Average Home Value | $207,866 |
Residential
18,632
Single Family
15,796
Multi-Family
2,836
Businesses
962
Date | Event | Price |
|---|---|---|
| 2024-12-15 | Price change | $399,000 |
| 2024-10-09 | Listed for sale | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Carol Holmes • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20749703
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.
