3208 Cole Ave APT 1204, Dallas, TX, 75204 | $560/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3208 Cole Ave APT 1204, Dallas, TX, 75204 | $560/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Dallas at 3208 Cole Ave APT 1204, Dallas, TX, 75204 uses $124,313 cash to close to unlock $6,717/yr annual cash flow and $560/mo monthly cash flow. Total monthly income runs $3,226/mo, and a $1,835/mo payment keeps the spread at $560/mo. Purchase price stands at $375,000, and rental yield measures 10.32% with $3,226/mo rent. Return on cash invested shows 25.31% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 133.03% and total cumulative return in cash records $165,375. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,226/mo property income covering a $1,835/mo payment rather than investor’s personal income.

Condo

Built in 1984

1.42 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this stunning condo in the heart of Uptown, where luxury meets convenience. Inside youll find elegant stained real hardwood floors and a crisp snow-white interior, complemented by sleek quartz countertops and sophisticated brass finishes. The primary bedroom features an updated en-suite bathroom and a private balcony, blending comfort with style. Recent upgrades include a brand-new HVAC system and a new 50-gallon water heater installed in 2025, giving buyers confidence in the homes long-term efficiency. This gated community offers a serene pool, secured entry, and a dedicated covered parking space. Walk to Uptowns vibrant dining scene, hop on the free trolley line, or enjoy the Katy Trail entrance on Hall Street just two blocks away. The location also places you near Victory Parks growing financial corridor, including the new Goldman Sachs and Scotia Bank campuses. Refrigerator, stackable washer, and dryer will convey with the property, making this a true turn-key living experience in Uptown.

Neighborhood Data

Neighborhood data shown for ZIP Code: 75204, Dallas, TX area.

Housing Distribution

Housing Statistics

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