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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 2020 N Garrett Ave APT 104, Dallas, TX, 75206 offers a 9.85% rental yield on a $340,000 purchase with $2,790/mo rent. Total monthly income registers $2,790/mo, and a $1,664/mo payment leaves $372/mo available for distribution. Annual cash flow reaches $4,468/yr on $112,710 to close, and return on cash invested stands at 23.87% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 125.34% and total cumulative return in cash at $141,270. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,790/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75206, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,812 (100%) |
| Owner Occupied HU | 6,198 (22.3%) |
| Renter Occupied HU | 18,974 (68.2%) |
| Vacant Housing Units | 2,640 ( 9.5%) |
| Median Home Value | $612,487 |
| Average Home Value | $657,273 |
Residential
27,427
Single Family
8,392
Multi-Family
19,035
Businesses
1,854
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: Philip Kaiser • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #21022778
