








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Dallas at 12308 Cedar Bend Dr, Dallas, TX, 75244 offers a 11.92% rental yield on a $729,000 purchase with $7,242/mo rent. Total monthly income registers $7,242/mo, and a $3,568/mo payment leaves $2,058/mo available for distribution. Annual cash flow reaches $24,697/yr on $239,841 to close, and return on cash invested stands at 30.36% in year one. Equity gained on principal adds $4,704/yr while 5% annual appreciation supports $201,409 over five years. Portfolio math shows five-year ROI at 160.07% and total cumulative return in cash at $383,904. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,242/mo property income against a $3,568/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75244, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,534 (100%) |
| Owner Occupied HU | 2,899 (38.5%) |
| Renter Occupied HU | 3,485 (46.3%) |
| Vacant Housing Units | 1,150 (15.3%) |
| Median Home Value | $594,421 |
| Average Home Value | $642,286 |
Residential
6,683
Single Family
3,271
Multi-Family
3,412
Businesses
1,715
Date | Event | Price |
|---|---|---|
| 2025-09-11 | Listed for sale | $729,000 |
| 2017-05-23 | Sold | N/A |
| 2017-04-27 | Pending sale | $409,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-11 | $10506.91 | 8.11% | $669,590 | N/A |
| 2023-09-11 | $9718.49 | -5.07% | $669,590 | 26.62% |
| 2022-09-11 | $10237.56 | 3.18% | $528,810 | 15.50% |



Listed by: Monica Vallina • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #21051102
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.