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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 3100 Cole Ave APT 205, Dallas, TX, 75204 generates $2,564/mo in rent, after a $1,711/mo payment. Total monthly income is $2,564/mo. Return on cash invested sits at 15.84% in year one, and rental yield is 8.8% on a $349,500 entry. Equity gained on principal adds $2,255/yr, while 5% annual appreciation builds toward $96,560 over five years. Five-year ROI reaches 84.04% and total cumulative return in cash sums $97,369. 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 1984
0.98 Acres lot
$N/A/sqft
$414 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 |
|---|---|---|
| 2024-08-30 | Listed for sale | $349,500 |
| 2014-04-11 | Listing removed | $190,000 |
| 2014-03-16 | Listed for sale | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $6485.87 | -8.44% | $277,200 | N/A |
| 2022-10-17 | $7083.52 | -1.23% | $277,200 | 3.70% |
| 2021-10-17 | $7171.64 | 6.13% | $267,300 | 9.09% |
Listed by: Candace Garrett • Keller Williams Dallas Midtown
Mls Name: NTREIS
Mls ID: #20711176
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.
