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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 3021 Phyllis Ln, Farmers Branch, TX, 75234 at $500,000 posts ROI 19.36% with from $3,480/mo rent. Total monthly income equals $3,480/mo. Return on cash invested measures 19.36% and rental yield reads 8.35% at the current $500,000. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 by year five. Five-year ROI prints 101.12% and total cumulative return in cash totals $167,612. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,480/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
0.30 Acres 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $500,000 |
| 2016-06-22 | Sold | N/A |
| 2016-05-16 | Pending sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $3955.33 | -22.70% | $459,240 | N/A |
| 2023-04-24 | $5117.06 | 40.68% | $459,240 | 8.30% |
| 2022-04-24 | $3637.48 | 6.64% | $424,050 | 19.89% |
Listed by: Brittney Maez • Vivo Realty
Mls Name: NTREIS
Mls ID: #20911555
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.
