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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 5200 Martel Ave APT 8D, Dallas, TX, 75206 at $299,000 posts ROI 21.29% with $114/mo cash flow from $2,790/mo rent. Total monthly income equals $2,790/mo, and annual cash flow records $1,371/yr on $99,119 to close. Return on cash invested measures 21.29% and rental yield reads 11.2% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 113.92% and total cumulative return in cash totals $112,918.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,790/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1981
6.01 Acres lot
$N/A/sqft
$550 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 |
|---|---|---|
| 2024-10-04 | Listed for sale | $299,000 |
| 2024-08-29 | Listing removed | N/A |
| 2024-08-09 | Price change | $294,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $4036.47 | -11.61% | $302,430 | 27.61% |
| 2022-10-21 | $4566.54 | -11.33% | $237,000 | -4.67% |
| 2021-10-21 | $5149.80 | N/A | $248,620 | N/A |
Listed by: Stacia Price Durham • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20743686
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.
