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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 2972 Selma Ln, Farmers Branch, TX, 75234 offers a 9.97% rental yield on a $419,000 purchase with $3,480/mo rent. Total monthly income registers $3,480/mo, and a $2,051/mo payment leaves $500/mo available for distribution. Annual cash flow reaches $6,003/yr on $138,899 to close, and return on cash invested stands at 24.23% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 127.24% and total cumulative return in cash at $176,741. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,480/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
9,757 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 |
|---|---|---|
| 2024-10-18 | Listed for sale | $419,000 |
| 2024-09-22 | Listing removed | $429,000 |
| 2024-09-06 | Listed for sale | $429,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $4108.21 | N/A | $368,700 | N/A |
Listed by: Linda Awad • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20757671
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.
