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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 5705 Glen Forest Ln, Dallas, TX, 75241 priced at $198,990 pairs $2,389/mo rent with $897/mo cash flow after a $974/mo payment. Total monthly income equals $2,389/mo, and annual cash flow comes to $10,767/yr on $65,965 invested. Return on cash invested is 36.23% in year one, and rental yield stands at 14.41% on a $198,990 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,977 by year five. Five-year ROI measures 192.14% and total cumulative return in cash reaches $126,747. For financing, Ziffy Mortgage’s DSCR program evaluates $2,389/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
10,410 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 |
|---|---|---|
| 2024-06-07 | Listed for sale | $198,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $4223.06 | N/A | $184,030 | N/A |
Listed by: Leron Morris • Norel Solutions Real Estate,
Mls Name: NTREIS
Mls ID: #20639572
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.
