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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 Dallas at 2303 Custer Dr, Dallas, TX, 75216 priced at $199,000 converts $1,838/mo rent into $423/mo cash flow after a $974/mo obligation. Total monthly income equals $1,838/mo, and annual cash flow totals $5,075/yr on $65,969 invested. Return on cash invested prints 27.6% in year one, and rental yield reads 11.08% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 145.3% and total cumulative return in cash sums $95,850. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,838/mo property income covering a $974/mo payment, not borrower’s personal income.
Single Family
Built in 1953
6,359 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75216, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,401 (100%) |
| Owner Occupied HU | 9,968 (51.4%) |
| Renter Occupied HU | 7,801 (40.2%) |
| Vacant Housing Units | 1,632 ( 8.4%) |
| Median Home Value | $142,118 |
| Average Home Value | $207,866 |
Residential
18,632
Single Family
15,796
Multi-Family
2,836
Businesses
962
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Price change | $199,000 |
| 2024-09-06 | Price change | $205,000 |
| 2024-07-24 | Price change | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $2750.30 | 5.29% | $119,850 | 15.19% |
| 2022-10-21 | $2612.04 | 55.34% | $104,050 | 63.24% |
| 2021-10-21 | $1681.45 | 20.35% | $63,740 | 23.77% |
Listed by: Karina Gallegos • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20637231
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.
