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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 2803 Macon St, Dallas, TX, 75215 with 5% annual appreciation on a $275,000 basis while $4,120/mo rent supports operations. Total monthly income totals $4,120/mo and a $1,346/mo payment preserves $2,164/mo for cash returns. Annual cash flow comes to $25,973/yr on $91,163 deployed, and return on cash invested reaches 48.4% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 17.98%. Five-year ROI measures 256.85% and total cumulative return in cash totals $234,155.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,120/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
6,229 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 |
|---|---|---|
| 2024-06-23 | Listed for sale | $275,000 |
| 2023-06-01 | Sold | N/A |
| 2023-04-26 | Pending sale | $254,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $715.96 | -8.59% | $31,200 | N/A |
| 2022-08-15 | $783.24 | 58.61% | $31,200 | 66.67% |
| 2021-08-15 | $493.83 | -2.76% | $18,720 | N/A |
Listed by: Christa Paulson • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #20653771
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.
