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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 3246 Townsend Dr, Dallas, TX, 75229 listed at $575,000 pairs $3,223/mo rent with a $2,814/mo payment. Total monthly income runs $3,223/mo. Return on cash invested measures 13.43% in year one, and rental yield registers 6.73% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 69.69% and total cumulative return in cash totals $131,843. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,223/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
10,236 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75229, Dallas, TX area.
| 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 |
Residential
12,042
Single Family
9,746
Multi-Family
2,296
Businesses
2,676
Date | Event | Price |
|---|---|---|
| 2025-02-01 | Listed for sale | $575,000 |
| 2024-07-18 | Listing removed | N/A |
| 2024-07-05 | Listed for rent | $3,450 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $11705.97 | 0.06% | $523,750 | 2.74% |
| 2023-02-13 | $11698.57 | 101.26% | $509,790 | 44.76% |
| 2022-02-13 | $5812.68 | 2.08% | $352,170 | 31.05% |
Listed by: Kerri Rushing • Grand Realty Services
Mls Name: NTREIS
Mls ID: #20833089
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.
