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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 2718 Council St, Dallas, TX, 75215 listed at $244,000 pairs $5,017/mo rent with a $1,194/mo payment to leave $3,282/mo cash flow. Total monthly income runs $5,017/mo, and annual cash flow reaches $39,386/yr on $80,886 cash to close. Return on cash invested measures 68.6% in year one, and rental yield registers 24.67% at a $244,000 basis. Equity gained on principal adds $1,574/yr, and annual property appreciation at 5% supports $67,413 by year five. Five-year ROI tracks 365.21% and total cumulative return in cash totals $295,402. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,017/mo property income relative to a $1,194/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
6,054 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75215, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,619 (100%) |
| Owner Occupied HU | 2,599 (30.2%) |
| Renter Occupied HU | 4,935 (57.3%) |
| Vacant Housing Units | 1,085 (12.6%) |
| Median Home Value | $199,767 |
| Average Home Value | $313,419 |
Residential
8,367
Single Family
5,297
Multi-Family
3,070
Businesses
796
Date | Event | Price |
|---|---|---|
| 2024-06-04 | Listed for sale | $244,000 |
| 2017-04-01 | Listing removed | $5,000 |
| 2015-03-27 | Listed for sale | $5,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | N/A | N/A | $30,370 | N/A |
| 2022-08-15 | N/A | N/A | $30,370 | 66.68% |
| 2021-08-15 | N/A | N/A | $18,220 | N/A |
Listed by: Danielle Zarate • JPAR Dallas
Mls Name: NTREIS
Mls ID: #20636360
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.
