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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 3615 Brown St APT E, Dallas, TX, 75219 offers a 10.87% rental yield on a $265,000 purchase with $2,401/mo rent. Total monthly income registers $2,401/mo, and a $1,297/mo payment leaves $232/mo available for distribution. Annual cash flow reaches $2,779/yr on $87,848 to close, and return on cash invested stands at 23.07% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 122.44% and total cumulative return in cash at $107,559. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,401/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1950
6,490 sqft lot
$N/A/sqft
$285 monthly 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 |
|---|---|---|
| 2024-10-07 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $2934.97 | -23.99% | $203,840 | N/A |
| 2022-10-17 | $3861.29 | -9.02% | $203,840 | N/A |
| 2021-10-17 | $4244.21 | 2.03% | $203,840 | N/A |
Listed by: Wendy Harkness • Dave Perry Miller Real Estate
Mls Name: NTREIS
Mls ID: #20747692
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.
