5200 Martel Ave APT 32B, Dallas, TX, 75206 | $550/mo Cash Flow

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5200 Martel Ave APT 32B, Dallas, TX, 75206 | $550/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Dallas at 5200 Martel Ave APT 32B, Dallas, TX, 75206 offers a 10.63% rental yield on a $315,000 purchase with $2,790/mo rent. Total monthly income registers $2,790/mo, and a $1,542/mo payment leaves $550/mo available for distribution. Annual cash flow reaches $6,597/yr on $104,423 to close, and return on cash invested stands at 26.23% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 137.94% and total cumulative return in cash at $144,041. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,790/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1983

6.01 Acres lot

$N/A/sqft

No HOA

More details about the property

Updated and Move-In Ready Condo in the Heart of Dallas! Welcome to Monticello Crossroads in the highly desirable M Streets area. This rare two-bedroom, two-story townhome offers two covered parking spaces and only one adjoining neighbor for added privacy. Beautiful updates include both bathrooms, ceramic wood-look tile floors on the main level, a striking Austin stone fireplace, modern stair railing, recessed lighting in the living room, fresh paint, and a new water heaterplus many more thoughtful touches throughout. Enjoy your morning coffee or unwind in the evening on your private patio with a peaceful garden area. The HOA covers water, sewer, trash, recycling, landscaping, and access to the community pool. This prime location is walkable to SMU, Glencoe Park, Mockingbird Station, and DART Rail. Youll love the easy access to the Katy Trail, Santa Fe Trail, and White Rock Lake, as well as the proximity to Downtown, Greenville Avenue and Central Expressway (US-75).

Neighborhood Data

Neighborhood data shown for ZIP Code: 75206, Dallas, TX area.

Housing Distribution

Housing Statistics

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