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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% |
Rental property for sale in Dallas at 3610 Gillespie St APT 7, Dallas, TX, 75219 offers $6,049/mo rent that, after a $3,549/mo payment, leaves $768/mo cash flow. Total monthly income is $6,049/mo, and annual cash flow is $9,215/yr on $238,525 cash. Return on cash invested measures 23.92% in year one, and rental yield stands at 10.01% at a $725,000 entry. Equity gained on principal adds $4,678/yr while 5% annual appreciation compounds into $200,304 by year five. Five-year ROI records 125.78% and total cumulative return in cash reaches $300,017. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,049/mo property income versus a $3,549/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
1,742 sqft lot
$N/A/sqft
$1,500 annually HOA
Neighborhood data shown for ZIP Code: 75219, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,341 (100%) |
| Owner Occupied HU | 5,787 (28.4%) |
| Renter Occupied HU | 12,458 (61.2%) |
| Vacant Housing Units | 2,096 (10.3%) |
| Median Home Value | $532,481 |
| Average Home Value | $687,588 |
Residential
20,674
Single Family
3,392
Multi-Family
17,282
Businesses
1,980
Date | Event | Price |
|---|---|---|
| 2024-08-28 | Price change | $725,000 |
| 2024-05-14 | Listed for sale | $755,000 |
| 2016-07-25 | Listing removed | $499,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $9562.39 | -5.15% | $580,130 | 16.89% |
| 2022-10-17 | $10081.75 | -4.25% | $496,320 | 2.33% |
| 2021-10-17 | $10528.74 | -2.79% | $485,000 | N/A |
Listed by: Pogir Pogir • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #20616493
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.
