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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 1703 W Illinois Ave, Dallas, TX, 75224 generates $1,544/mo in rent and, after a $1,050/mo payment, leaves $19/mo in cash flow. Total monthly income is $1,544/mo, and annual cash flow is $222/yr on $71,107 invested. Return on cash invested sits at 20.22% in year one, and rental yield is 8.64% on a $214,500 entry. Equity gained on principal adds $1,384/yr, while 5% annual appreciation builds toward $59,262 over five years. Five-year ROI reaches 105.76% and total cumulative return in cash sums $75,204. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,544/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75224, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,176 (100%) |
| Owner Occupied HU | 5,318 (47.6%) |
| Renter Occupied HU | 4,940 (44.2%) |
| Vacant Housing Units | 918 ( 8.2%) |
| Median Home Value | $297,919 |
| Average Home Value | $334,135 |
Residential
11,196
Single Family
7,662
Multi-Family
3,534
Businesses
604
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Aaron Jistel • Listing Spark
Mls Name: NTREIS
Mls ID: #21004883
