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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 521 Melba St, Dallas, TX, 75208 projects strong ROI of 0.71%. Rental yield 2.26%. With 5% annual appreciation, the property builds $766,681 in value over five years. Equity growth combined delivers a projected five-year ROI of 1.12%, translating into $10,046 in total cumulative return on $899,100 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in 2024
6,316 sqft lot
$N/A/sqft
$225 monthly HOA
Neighborhood data shown for ZIP Code: 75208, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,625 (100%) |
| Owner Occupied HU | 6,019 (41.2%) |
| Renter Occupied HU | 6,897 (47.2%) |
| Vacant Housing Units | 1,709 (11.7%) |
| Median Home Value | $466,400 |
| Average Home Value | $537,812 |
Residential
14,325
Single Family
9,342
Multi-Family
4,983
Businesses
1,540
Date | Event | Price |
|---|---|---|
| 2024-07-26 | Listed for sale | $2,775,000 |
| 2021-09-24 | Sold | N/A |
| 2021-08-20 | Pending sale | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $9437.52 | -8.59% | $411,260 | N/A |
| 2022-08-30 | $10324.19 | 12.46% | $411,260 | 18.18% |
| 2021-08-30 | $9179.94 | 225.55% | $347,990 | -19.94% |
Listed by: Leston Eustache • Bray Real Estate Group- Dallas
Mls Name: NTREIS
Mls ID: #20685419
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.
