








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 Dallas at 2232 Colony Ct, Dallas, TX, 75235 generates $2,490/mo in rent and, after a $1,297/mo payment, leaves $606/mo in cash flow. Total monthly income is $2,490/mo, and annual cash flow is $7,267/yr on $87,848 invested. Return on cash invested sits at 28.18% in year one, and rental yield is 11.28% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 148.42% and total cumulative return in cash sums $130,383. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,490/mo property income rather than buyer’s personal income.
Townhouse
Built in 1984
2,221 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75235, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,854 (100%) |
| Owner Occupied HU | 2,031 (17.1%) |
| Renter Occupied HU | 8,194 (69.1%) |
| Vacant Housing Units | 1,629 (13.7%) |
| Median Home Value | $331,769 |
| Average Home Value | $412,850 |
Residential
10,714
Single Family
2,964
Multi-Family
7,750
Businesses
1,195
Date | Event | Price |
|---|---|---|
| 2025-02-12 | Price change | $265,000 |
| 2025-02-03 | Price change | $269,900 |
| 2025-01-15 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $1803.24 | -3.05% | $148,350 | N/A |
| 2023-02-13 | $1860.01 | -30.63% | $148,350 | N/A |
| 2022-02-13 | $2681.14 | -10.74% | $148,350 | N/A |



Listed by: Garrett Lamb • Southern Hills Realty
Mls Name: NTREIS
Mls ID: #20750457
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.