








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 3235 Cole Ave APT 600, Dallas, TX, 75204 uses $125,639 cash to close to unlock $1,331/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $3,396/mo, and a $1,855/mo payment keeps the spread at $111/mo. Purchase price stands at $379,000, and rental yield measures 10.75% with $3,396/mo rent. Return on cash invested shows 20.97% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 111.77% and total cumulative return in cash records $140,423. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,396/mo property income covering a $1,855/mo payment rather than investor’s personal income.
Condo
Built in 1985
1.25 Acres lot
$N/A/sqft
$590 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 |
|---|---|---|
| 2025-02-05 | Price change | $379,000 |
| 2024-10-30 | Listed for sale | $389,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $5776.16 | 9.53% | $414,800 | 30.77% |
| 2023-02-13 | $5273.72 | -17.79% | $317,200 | N/A |
| 2022-02-13 | $6414.96 | -7.31% | $317,200 | N/A |



Listed by: Eric Daniels • Rethink Home
Mls Name: NTREIS
Mls ID: #20764996
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.