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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 2502 Carmelita St, Dallas, TX, 75212 generates $4,140/mo in rent, after a $3,421/mo payment. Total monthly income is $4,140/mo. Return on cash invested sits at 13% in year one, and rental yield is 7.11% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 67.96% and total cumulative return in cash sums $156,290. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,140/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
1,916 sqft lot
$N/A/sqft
$3,650 annually HOA
Neighborhood data shown for ZIP Code: 75212, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,614 (100%) |
| Owner Occupied HU | 4,588 (43.2%) |
| Renter Occupied HU | 5,072 (47.8%) |
| Vacant Housing Units | 954 ( 9.0%) |
| Median Home Value | $263,214 |
| Average Home Value | $282,166 |
Residential
9,782
Single Family
6,618
Multi-Family
3,164
Businesses
915
Date | Event | Price |
|---|---|---|
| 2024-10-21 | Listed for sale | $699,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $14234.46 | 86.02% | $636,880 | 90.99% |
| 2023-02-13 | $7652.17 | 323.36% | $333,460 | 363.14% |
| 2022-02-13 | $1807.48 | -4.84% | $72,000 | N/A |
Listed by: Jagjit Singh • Jagjit Singh
Mls Name: NTREIS
Mls ID: #20759731
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.
