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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 6217 Latta St, Dallas, TX, 75227 with 5% annual appreciation on a $235,000 basis while $3,761/mo rent supports operations. Total monthly income totals $3,761/mo and a $1,150/mo payment preserves $2,053/mo for cash returns. Annual cash flow comes to $24,639/yr on $77,903 deployed, and return on cash invested reaches 51.54% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 19.21%. Five-year ROI measures 273.92% and total cumulative return in cash totals $213,388.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,761/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
7,927 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75227, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,278 (100%) |
| Owner Occupied HU | 9,592 (47.3%) |
| Renter Occupied HU | 9,463 (46.7%) |
| Vacant Housing Units | 1,223 ( 6.0%) |
| Median Home Value | $217,315 |
| Average Home Value | $258,721 |
Residential
18,204
Single Family
13,752
Multi-Family
4,452
Businesses
969
Date | Event | Price |
|---|---|---|
| 2024-08-28 | Listed for sale | $235,000 |
| 2020-03-18 | Listing removed | $179,900 |
| 2020-02-08 | Price change | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $4342.64 | -8.59% | $189,240 | N/A |
| 2022-08-31 | $4750.64 | 21.35% | $189,240 | 27.52% |
| 2021-08-31 | $3914.78 | 2.99% | $148,400 | 5.92% |
Listed by: Bella Alvarado • Keller Williams Urban Dallas
Mls Name: NTREIS
Mls ID: #20711252
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.
