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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 Carrollton at 2031 Teton Pl #B, Carrollton, TX, 75006 priced at $299,900 converts $2,778/mo rent into $645/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,778/mo, and annual cash flow totals $7,743/yr on $99,417 invested. Return on cash invested prints 27.7% in year one, and rental yield reads 11.12% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 145.85% and total cumulative return in cash sums $145,000. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,778/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1979
10,802 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75006, Carrollton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,503 (100%) |
| Owner Occupied HU | 9,330 (47.8%) |
| Renter Occupied HU | 9,140 (46.9%) |
| Vacant Housing Units | 1,033 ( 5.3%) |
| Median Home Value | $334,267 |
| Average Home Value | $359,234 |
Residential
19,005
Single Family
12,160
Multi-Family
6,845
Businesses
2,847
Date | Event | Price |
|---|---|---|
| 2024-10-09 | Listed for sale | $299,900 |
| 2020-07-26 | Listing removed | $1,695 |
| 2020-06-14 | Listed for rent | $1,695 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $2727.50 | 31.15% | $248,180 | 36.30% |
| 2022-10-14 | $2079.74 | 1.76% | $182,090 | 6.82% |
| 2021-10-14 | $2043.75 | -2.31% | $170,460 | N/A |
Listed by: Brandi Mayer • Dave Perry Miller Real Estate
Mls Name: NTREIS
Mls ID: #20737343
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.
