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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 Dallas at 3208 Cole Ave APT 2205, Dallas, TX, 75204 offers a 10.84% rental yield on a $360,000 purchase with $3,251/mo rent. Total monthly income registers $3,251/mo, and a $1,762/mo payment leaves $146/mo available for distribution. Annual cash flow reaches $1,752/yr on $119,340 to close, and return on cash invested stands at 21.38% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 113.9% and total cumulative return in cash at $135,933. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,251/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
1.42 Acres lot
$N/A/sqft
$545 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 |
|---|---|---|
| 2025-03-17 | Listed for sale | $360,000 |
| 2025-03-11 | Listing removed | $360,000 |
| 2025-01-12 | Listed for sale | $360,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-18 | $1896.32 | 6.79% | $388,480 | 12.28% |
| 2023-03-18 | $1775.70 | -46.29% | $345,990 | N/A |
| 2022-03-18 | $3306.29 | -1.25% | $345,990 | 1.79% |
Listed by: Mickey McGee • Frisco Stars LLC
Mls Name: NTREIS
Mls ID: #20873943
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.
