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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% |
Rental property for sale in Dallas at 3030 McKinney Ave APT 1004, Dallas, TX, 75204 generates $2,564/mo in rent, after a $3,181/mo payment. Total monthly income is $2,564/mo. Return on cash invested sits at 1.86% in year one, and rental yield is 4.73% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 9.69% and total cumulative return in cash sums $20,714. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,564/mo property income rather than buyer’s personal income.
Condo
Built in 1981
1.51 Acres lot
$N/A/sqft
$1,185 monthly HOA
Neighborhood data shown for ZIP Code: 75204, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,712 (100%) |
| Owner Occupied HU | 4,057 (15.2%) |
| Renter Occupied HU | 19,903 (74.5%) |
| Vacant Housing Units | 2,752 (10.3%) |
| Median Home Value | $498,932 |
| Average Home Value | $566,321 |
Residential
25,882
Single Family
3,973
Multi-Family
21,909
Businesses
1,252
Date | Event | Price |
|---|---|---|
| 2024-08-15 | Listed for sale | $650,000 |
| 2013-03-22 | Listing removed | $269,000 |
| 2013-02-03 | Listed for sale | $269,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $2477.14 | -39.28% | $378,840 | 9.80% |
| 2022-08-16 | $4079.33 | 3.11% | $345,020 | N/A |
| 2021-08-16 | $3956.34 | 4.98% | $345,020 | 21.43% |
Listed by: Zach Mrusek • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #20702929
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.
