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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 2823 Colt Ln, Dallas, TX, 75237 with 5% annual appreciation on a $259,999 basis while $2,129/mo rent supports operations. Total monthly income totals $2,129/mo and a $1,273/mo payment preserves $243/mo for cash returns. Annual cash flow comes to $2,911/yr on $86,190 deployed, and return on cash invested reaches 23.29% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 9.83%. Five-year ROI measures 122.37% and total cumulative return in cash totals $105,473.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,129/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
5,183 sqft lot
$N/A/sqft
$240 annually HOA
Neighborhood data shown for ZIP Code: 75237, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,899 (100%) |
| Owner Occupied HU | 1,242 (14.0%) |
| Renter Occupied HU | 6,976 (78.4%) |
| Vacant Housing Units | 681 ( 7.7%) |
| Median Home Value | $275,629 |
| Average Home Value | $296,415 |
Residential
8,337
Single Family
1,788
Multi-Family
6,549
Businesses
819
Date | Event | Price |
|---|---|---|
| 2024-12-10 | Listed for sale | $259,999 |
| 2024-12-02 | Contingent | $259,999 |
| 2024-11-19 | Listed for sale | $259,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $4521.24 | 100.78% | $246,030 | 9.83% |
| 2023-12-27 | $2251.83 | -19.15% | $224,000 | 46.17% |
| 2022-12-27 | $2785.34 | N/A | $153,250 | N/A |
Listed by: Shemeka Busby • Fathom Realty LLC
Mls Name: NTREIS
Mls ID: #20779103
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.
