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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 18040 Midway Rd APT 162, Dallas, TX, 75287 earns from $2,317/mo rent with a $1,346/mo payment. Total monthly income totals $2,317/mo. ROI tracks 18.36% on current figures, and rental yield reads 10.11% at a $274,900 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 over five years. Five-year ROI reaches 98.07% and total cumulative return in cash sums $89,367. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,317/mo property income instead of your personal income.
Condo
Built in 1984
7,405 sqft lot
$N/A/sqft
$480 monthly HOA
Neighborhood data shown for ZIP Code: 75287, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,067 (100%) |
| Owner Occupied HU | 5,785 (19.2%) |
| Renter Occupied HU | 22,200 (73.8%) |
| Vacant Housing Units | 2,082 ( 6.9%) |
| Median Home Value | $488,669 |
| Average Home Value | $571,993 |
Residential
28,960
Single Family
6,042
Multi-Family
22,918
Businesses
641
Date | Event | Price |
|---|---|---|
| 2024-08-26 | Listed for sale | $274,900 |
| 2022-06-30 | Sold | N/A |
| 2022-06-14 | Pending sale | $229,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $3256.98 | 5.20% | $248,926 | 20.07% |
| 2022-08-31 | $3096.01 | 6.63% | $207,311 | 12.10% |
| 2021-08-31 | $2903.64 | 4.18% | $184,938 | 4.67% |
Listed by: Tami Martinez • White Rock Realty
Mls Name: NTREIS
Mls ID: #20709602
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.
