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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 1802 Gus Thomasson Rd, Dallas, TX, 75228 offers a 8.92% rental yield on a $249,000 purchase with $1,850/mo rent. Total monthly income registers $1,850/mo, and a $1,219/mo payment leaves $79/mo available for distribution. Annual cash flow reaches $949/yr on $82,544 to close, and return on cash invested stands at 21.06% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 110.28% and total cumulative return in cash at $91,028. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,850/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75228, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,806 (100%) |
| Owner Occupied HU | 11,522 (43.0%) |
| Renter Occupied HU | 13,198 (49.2%) |
| Vacant Housing Units | 2,086 ( 7.8%) |
| Median Home Value | $320,409 |
| Average Home Value | $351,371 |
Residential
25,654
Single Family
16,017
Multi-Family
9,637
Businesses
1,041
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: Pria Bharwani • REKonnection, LLC
Mls Name: NTREIS
Mls ID: #21132275
