3236 Merrell Rd, Dallas, TX, 75229 | 7.1% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3236 Merrell Rd, Dallas, TX, 75229 | 7.1% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2983 sft

6932 Catamaran Dr, Grand Prairie, TX, 75054

4 Bed
3 Bath
2612 sft

1101 Canyon Ridge Dr, Desoto, TX, 75115

4 Bed
3 Bath
2895 sft

110 S Capri Dr, Duncanville, TX, 75116

2 Bed
2 Bath
1991 sft

2103 La Cima Dr #2103, Mansfield, TX, 76063

Nearby investment properties with comparable prices

4 Bed
3 Bath
3097 sft

6711 Ledbetter Rd, Arlington, TX, 76001

3 Bed
3 Bath
2591 sft

Violet II Plan, Rockwood, Mansfield, TX, 76063

Lockhart Plan, Elements at Viridian - Signature Series

2 Bed
2 Bath
2025 sft

Lockhart Plan, Elements at Viridian - Signature Series, Arlington, TX, 76005

3 Bed
2 Bath
2362 sft

2632 Gosling Way, Fort Worth, TX, 76118

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Dallas at 3236 Merrell Rd, Dallas, TX, 75229 earns from $3,177/mo rent with a $2,628/mo payment. Total monthly income totals $3,177/mo. ROI tracks 15.7% on current figures, and rental yield reads 7.1% at a $537,000 purchase. Equity gained on principal adds $3,465/yr, and 5% annual appreciation supports $148,363 over five years. Five-year ROI reaches 81.48% and total cumulative return in cash sums $143,948. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,177/mo property income instead of your personal income.

Single Family

Built in 1961

10,759 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated 4-bedroom home nestled in the highly sought-after Sparkman Estates community. This charming residence features rich hardwood floors, stylish lighting, shaker style cabinetry, quartz countertops, and stainless steel appliances. The spacious main living area is anchored by a cozy brick fireplace and flows seamlessly into a flexible second living or dining space- ideal for a reading nook, music room, or entertaining. French doors open to a large patio and expansive grassy backyard, perfect for outdoor gatherings. Additional highlights include an attached 2-car garage and access to the Sparkman Club, offering newly renovated pools, tennis and pickleball courts, a playground, and scenic walking trails. Located in a golf cart-friendly neighborhood with convenient access to I-635 and the Dallas North Tollway, this home blends comfort, style, and community in one exceptional package. Buyer and Buyer's Agent to verify all information herein.

Neighborhood Data

Neighborhood data shown for ZIP Code: 75229, Dallas, TX area.

Housing Distribution

Housing Statistics

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