








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 1635 W Red Bird Ln, Dallas, TX, 75232 at $469,000 posts ROI 46.77% with $3,480/mo cash flow from $6,816/mo rent. Total monthly income equals $6,816/mo, and annual cash flow records $41,765/yr on $155,474 to close. Return on cash invested measures 46.77% and rental yield reads 17.44% at the current $469,000. Equity gained on principal adds $3,026/yr, and 5% annual appreciation supports $129,576 by year five. Five-year ROI prints 248.12% and total cumulative return in cash totals $385,759.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,816/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
0.35 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 |
|---|---|---|
| 2024-08-15 | Price change | $469,000 |
| 2024-07-13 | Listed for sale | $472,000 |
| 2022-06-03 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $4797.79 | -42.92% | $300,000 | -10.40% |
| 2022-08-16 | $8405.76 | 97.30% | $334,840 | 61.84% |
| 2021-08-16 | $4260.48 | 7.78% | $206,900 | 11.25% |



Listed by: Jared Levy • NB Elite Realty
Mls Name: NTREIS
Mls ID: #20668934
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.