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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% |
Investment property for sale in Dallas at 2535 Wedglea Dr APT 106, Dallas, TX, 75211 offers a 15.81% rental yield on a $187,500 purchase with $2,471/mo rent. Total monthly income registers $2,471/mo, and a $918/mo payment leaves $868/mo available for distribution. Annual cash flow reaches $10,420/yr on $62,156 to close, and return on cash invested stands at 36.67% in year one. Equity gained on principal adds $1,210/yr while 5% annual appreciation supports $51,803 over five years. Portfolio math shows five-year ROI at 195.89% and total cumulative return in cash at $121,759. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,471/mo property income against a $918/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
1.99 Acres lot
$N/A/sqft
$269 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 |
|---|---|---|
| 2024-06-04 | Price change | $187,500 |
| 2024-04-19 | Price change | $199,900 |
| 2024-03-20 | Listed for sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $2078.43 | -11.12% | $134,310 | N/A |
| 2022-08-16 | $2338.37 | 1.47% | $134,310 | 10.12% |
| 2021-08-16 | $2304.40 | 7.74% | $121,970 | N/A |
Listed by: Katherine Mccullough • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20566194
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.
