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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 2323 N Houston St APT 506, Dallas, TX, 75219 generates $2,800/mo in rent, after a $1,835/mo payment. Total monthly income is $2,800/mo. Return on cash invested sits at 14.65% in year one, and rental yield is 8.96% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 78.24% and total cumulative return in cash sums $97,263. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,800/mo property income rather than buyer’s personal income.
Condo
Built in 2005
0.91 Acres lot
$N/A/sqft
$602 monthly HOA
Neighborhood data shown for ZIP Code: 75219, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,341 (100%) |
| Owner Occupied HU | 5,787 (28.4%) |
| Renter Occupied HU | 12,458 (61.2%) |
| Vacant Housing Units | 2,096 (10.3%) |
| Median Home Value | $532,481 |
| Average Home Value | $687,588 |
Residential
20,674
Single Family
3,392
Multi-Family
17,282
Businesses
1,980
Date | Event | Price |
|---|---|---|
| 2024-07-30 | Price change | $375,000 |
| 2024-07-29 | Listed for sale | $400,000 |
| 2024-06-30 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $7141.83 | -8.59% | $311,220 | N/A |
| 2022-10-17 | $7812.80 | -4.84% | $311,220 | N/A |
| 2021-10-17 | $8209.95 | 147.55% | $311,220 | N/A |
Listed by: Mohammed Jaber • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20650289
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.
