Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 5200 Martel Ave APT 18A, Dallas, TX, 75206 generates $2,790/mo in rent, after a $1,610/mo payment. Total monthly income is $2,790/mo. Return on cash invested sits at 19.37% in year one, and rental yield is 10.18% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 103.15% and total cumulative return in cash sums $112,497. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,790/mo property income rather than buyer’s personal income.
Condo
Built in 1983
6.01 Acres lot
$N/A/sqft
$500 monthly HOA
Neighborhood data shown for ZIP Code: 75206, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,812 (100%) |
| Owner Occupied HU | 6,198 (22.3%) |
| Renter Occupied HU | 18,974 (68.2%) |
| Vacant Housing Units | 2,640 ( 9.5%) |
| Median Home Value | $612,487 |
| Average Home Value | $657,273 |
Residential
27,427
Single Family
8,392
Multi-Family
19,035
Businesses
1,854
Date | Event | Price |
|---|---|---|
| 2024-08-01 | Listed for sale | $329,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $1826.67 | -28.36% | $270,490 | 17.50% |
| 2022-08-16 | $2549.73 | -47.25% | $230,200 | N/A |
| 2021-08-16 | $4833.42 | -2.76% | $230,200 | N/A |
Listed by: Shelley Buell • Keller Williams Dallas Midtown
Mls Name: NTREIS
Mls ID: #20681960
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.
