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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 3057 Dothan Ln, Dallas, TX, 75229 priced at $407,900 pairs $9,150/mo rent with $6,250/mo cash flow after a $1,996/mo payment. Total monthly income equals $9,150/mo, and annual cash flow comes to $74,998/yr on $135,219 invested. Return on cash invested is 75.37% in year one, and rental yield stands at 26.92% on a $407,900 basis. Equity gained on principal adds $2,632/yr, and 5% annual appreciation accumulates to $112,695 by year five. Five-year ROI measures 401.47% and total cumulative return in cash reaches $542,868. For financing, Ziffy Mortgage’s DSCR program evaluates $9,150/mo property income against a $1,996/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75229, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,272 (100%) |
| Owner Occupied HU | 8,063 (65.7%) |
| Renter Occupied HU | 3,410 (27.8%) |
| Vacant Housing Units | 799 ( 6.5%) |
| Median Home Value | $593,307 |
| Average Home Value | $737,429 |
Residential
12,042
Single Family
9,746
Multi-Family
2,296
Businesses
2,676
Date | Event | Price |
|---|---|---|
| 2024-08-26 | Price change | $407,900 |
| 2024-08-09 | Price change | $415,300 |
| 2024-07-30 | Listed for sale | $418,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $5419.13 | -8.59% | $236,150 | N/A |
| 2022-10-21 | $5928.27 | 47.82% | $236,150 | 6.15% |
| 2021-10-21 | $4010.46 | 7.83% | $222,460 | N/A |
Listed by: Bob Green • Keller Williams Realty DPR
Mls Name: NTREIS
Mls ID: #20685181
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.
