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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% |
Rental property for sale in Dallas at 5318 Pennridge Ln, Dallas, TX, 75241 priced at $300,000 pairs $2,306/mo rent with $168/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,306/mo, and annual cash flow comes to $2,013/yr on $99,450 invested. Return on cash invested is 21.93% in year one, and rental yield stands at 9.22% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 114.93% and total cumulative return in cash reaches $114,300. For financing, Ziffy Mortgage’s DSCR program evaluates $2,306/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
7,448 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75241, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,602 (100%) |
| Owner Occupied HU | 6,357 (54.8%) |
| Renter Occupied HU | 4,407 (38.0%) |
| Vacant Housing Units | 838 ( 7.2%) |
| Median Home Value | $215,762 |
| Average Home Value | $264,367 |
Residential
11,014
Single Family
9,481
Multi-Family
1,533
Businesses
536
Date | Event | Price |
|---|---|---|
| 2024-10-17 | Listed for sale | $300,000 |
| 2024-09-30 | Listing removed | $310,000 |
| 2024-09-05 | Price change | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $5044.39 | 16.95% | $219,820 | 27.94% |
| 2022-10-21 | $4313.35 | 2.83% | $171,820 | 8.06% |
| 2021-10-21 | $4194.67 | 15.11% | $159,010 | 18.37% |
Listed by: Sylvia Garcia Chavez • Only 1 Realty Group LLC
Mls Name: NTREIS
Mls ID: #20755992
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.
