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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 239, Dallas, TX, 75287 offers a 9.33% rental yield on a $310,000 purchase with $2,411/mo rent. 23% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 86.52% and total cumulative return in cash at $88,915. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,411/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
1,642 sqft lot
$N/A/sqft
$522 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 |
|---|---|---|
| 2025-04-03 | Listed for sale | $310,000 |
| 2025-04-02 | Listing removed | $310,000 |
| 2025-03-28 | Listed for sale | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | N/A | N/A | $286,990 | 10.00% |
| 2023-04-03 | N/A | N/A | $260,900 | 43.70% |
| 2022-04-03 | $592.65 | N/A | $181,563 | 10.00% |
Listed by: Minerva Davila • JPAR Dallas
Mls Name: NTREIS
Mls ID: #20890749
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.
