








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 4515 Lafayette St UNIT 2, Dallas, TX, 75204 generates $3,698/mo in rent and, after a $2,435/mo payment, leaves $160/mo in cash flow. Total monthly income is $3,698/mo, and annual cash flow is $1,923/yr on $164,921 invested. Return on cash invested sits at 21.07% in year one, and rental yield is 8.92% on a $497,500 entry. Equity gained on principal adds $3,210/yr, while 5% annual appreciation builds toward $137,450 over five years. Five-year ROI reaches 110.32% and total cumulative return in cash sums $181,935. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,698/mo property income rather than buyer’s personal income.
Condo
Built in 2008
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75204, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,712 (100%) |
| Owner Occupied HU | 4,057 (15.2%) |
| Renter Occupied HU | 19,903 (74.5%) |
| Vacant Housing Units | 2,752 (10.3%) |
| Median Home Value | $498,932 |
| Average Home Value | $566,321 |
Residential
25,882
Single Family
3,973
Multi-Family
21,909
Businesses
1,252
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jodi Clark • Citiwide Alliance Realty
Mls Name: NTREIS
Mls ID: #21058502