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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% |
Investment property for sale in Dallas at 1537 W Red Bird Ln, Dallas, TX, 75232 with 5% annual appreciation on a $559,000 basis while $7,505/mo rent supports operations. Total monthly income totals $7,505/mo and a $2,736/mo payment preserves $3,530/mo for cash returns. Annual cash flow comes to $42,359/yr on $183,911 deployed, and return on cash invested reaches 43.09% in year one. Equity gained on principal adds $3,607/yr, and five-year appreciation sums $154,441 alongside rental yield of 16.11%. Five-year ROI measures 228.35% and total cumulative return in cash totals $419,955.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,505/mo property income versus a $2,736/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75232, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,524 (100%) |
| Owner Occupied HU | 6,328 (60.1%) |
| Renter Occupied HU | 3,634 (34.5%) |
| Vacant Housing Units | 562 ( 5.3%) |
| Median Home Value | $257,368 |
| Average Home Value | $353,589 |
Residential
10,681
Single Family
9,138
Multi-Family
1,543
Businesses
356
Date | Event | Price |
|---|---|---|
| 2024-07-26 | Listed for sale | $559,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $7422.70 | -8.59% | $323,460 | N/A |
| 2022-08-16 | $8120.08 | 21.58% | $323,460 | 27.76% |
| 2021-08-16 | $6678.60 | 7.72% | $253,170 | 10.78% |
Listed by: Brenda Zambrano • One2Three Realty
Mls Name: NTREIS
Mls ID: #20685299
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.
