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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 2924 Marsann Ln, Farmers Branch, TX, 75234 uses $106,080 cash to close to unlock $29,012/yr annual cash flow and $2,418/mo monthly cash flow. Total monthly income runs $4,693/mo, and a $1,566/mo payment keeps the spread at $2,418/mo. Purchase price stands at $320,000, and rental yield measures 17.6% with $4,693/mo rent. Return on cash invested shows 47.26% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 250.7% and total cumulative return in cash records $265,947. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,693/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1971
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 |
|---|---|---|
| 2024-09-04 | Listed for sale | $320,000 |
| 2019-01-18 | Listing removed | $265,000 |
| 2018-12-09 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | $3211.71 | -4.65% | $288,240 | N/A |
| 2022-09-05 | $3368.50 | -3.05% | $288,240 | N/A |
| 2021-09-05 | $3474.60 | 6.70% | $288,240 | 8.77% |
Listed by: Tony Vasquez Jr. • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #20715315
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.
