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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 Farmers Branch at 2815 Ermine Way, Farmers Branch, TX, 75234 offers a 19.94% rental yield on a $325,000 purchase with $5,400/mo rent. Total monthly income registers $5,400/mo, and a $1,591/mo payment leaves $3,089/mo available for distribution. Annual cash flow reaches $37,063/yr on $107,738 to close, and return on cash invested stands at 54.31% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 288.55% and total cumulative return in cash at $310,873. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,400/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75234, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,711 (100%) |
| Owner Occupied HU | 7,358 (41.5%) |
| Renter Occupied HU | 8,433 (47.6%) |
| Vacant Housing Units | 1,920 (10.8%) |
| Median Home Value | $381,329 |
| Average Home Value | $469,512 |
Residential
17,700
Single Family
8,971
Multi-Family
8,729
Businesses
2,307
Date | Event | Price |
|---|---|---|
| 2024-08-29 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $1117.98 | 2.09% | $325,920 | 17.77% |
| 2022-08-31 | $1095.05 | 1.68% | $276,740 | 8.92% |
| 2021-08-31 | $1077.00 | 15.64% | $254,070 | N/A |
Listed by: Christopher Watters • Watters International Realty
Mls Name: NTREIS
Mls ID: #20712490
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.
