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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 2505 Wedglea Dr #242, Dallas, TX, 75211 generates $1,591/mo in rent, after a $881/mo payment. Total monthly income is $1,591/mo. Return on cash invested sits at 18.23% in year one, and rental yield is 10.61% on a $179,999 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,730 over five years. Five-year ROI reaches 97.97% and total cumulative return in cash sums $58,456. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,591/mo property income rather than buyer’s personal income.
Condo
Built in 1981
5.49 Acres lot
$N/A/sqft
$327 monthly HOA
Neighborhood data shown for ZIP Code: 75211, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,813 (100%) |
| Owner Occupied HU | 10,435 (45.7%) |
| Renter Occupied HU | 10,877 (47.7%) |
| Vacant Housing Units | 1,501 ( 6.6%) |
| Median Home Value | $250,988 |
| Average Home Value | $293,982 |
Residential
22,758
Single Family
17,260
Multi-Family
5,498
Businesses
1,279
Date | Event | Price |
|---|---|---|
| 2024-08-01 | Price change | $179,999 |
| 2024-04-17 | Price change | $182,000 |
| 2024-03-05 | Price change | $187,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $3796.41 | 16.47% | $169,860 | 19.59% |
| 2023-12-27 | $3259.51 | -8.59% | $142,040 | N/A |
| 2022-12-27 | $3565.73 | 55.03% | $142,040 | 32.50% |
Listed by: Dan Cardona • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20507903
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.
