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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 1341 Serenade Ln, Dallas, TX, 75241 priced at $259,999 pairs $2,231/mo rent with $374/mo cash flow after a $1,273/mo payment. Total monthly income equals $2,231/mo, and annual cash flow comes to $4,486/yr on $86,190 invested. Return on cash invested is 25.11% in year one, and rental yield stands at 10.3% on a $259,999 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 132.01% and total cumulative return in cash reaches $113,777. For financing, Ziffy Mortgage’s DSCR program evaluates $2,231/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75241, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,602 (100%) |
| Owner Occupied HU | 6,357 (54.8%) |
| Renter Occupied HU | 4,407 (38.0%) |
| Vacant Housing Units | 838 ( 7.2%) |
| Median Home Value | $215,762 |
| Average Home Value | $264,367 |
Residential
11,014
Single Family
9,481
Multi-Family
1,533
Businesses
536
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $259,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $4410.15 | 4.02% | $197,320 | 6.80% |
| 2023-03-14 | $4239.62 | 22.63% | $184,750 | 34.15% |
| 2022-03-14 | $3457.30 | 17.70% | $137,720 | 23.68% |
Listed by: Maria Cotton • Dalton Wade, Inc.
Mls Name: NTREIS
Mls ID: #20868192
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.
