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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 3707 Spence St, Dallas, TX, 75215 with 5% annual appreciation on a $202,500 basis while $3,258/mo rent supports operations. Total monthly income totals $3,258/mo and a $991/mo payment preserves $1,497/mo for cash returns. Annual cash flow comes to $17,962/yr on $67,129 deployed, and return on cash invested reaches 46.67% in year one. Equity gained on principal adds $1,307/yr, and five-year appreciation sums $55,947 alongside rental yield of 19.31%. Five-year ROI measures 249.62% and total cumulative return in cash totals $167,569.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,258/mo property income versus a $991/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
4,573 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75215, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,619 (100%) |
| Owner Occupied HU | 2,599 (30.2%) |
| Renter Occupied HU | 4,935 (57.3%) |
| Vacant Housing Units | 1,085 (12.6%) |
| Median Home Value | $199,767 |
| Average Home Value | $313,419 |
Residential
8,367
Single Family
5,297
Multi-Family
3,070
Businesses
796
Date | Event | Price |
|---|---|---|
| 2025-05-16 | Listed for sale | $202,500 |
| 2025-01-21 | Listing removed | $220,000 |
| 2025-01-14 | Listed for sale | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-16 | $7216.22 | 1.23% | $322,870 | 3.94% |
| 2023-05-16 | $7128.27 | 1143.77% | $310,630 | 1260.62% |
| 2022-05-16 | $573.12 | N/A | $22,830 | 66.64% |
Listed by: Lauren Bailey • Keller Williams Realty Best SW
Mls Name: NTREIS
Mls ID: #20939013
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.
