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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 6402 Westlake Ave, Dallas, TX, 75214 priced at $749,950 converts $3,088/mo rent into after a $3,671/mo obligation. Total monthly income equals $3,088/mo. Return on cash invested prints 9.14% in year one, and rental yield reads 4.94% against a $749,950 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation compiles into $207,197 by year five. Five-year ROI reaches 46.28% and total cumulative return in cash sums $114,194. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,088/mo property income covering a $3,671/mo payment, not borrower’s personal income.
Single Family
Built in 1937
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75214, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,675 (100%) |
| Owner Occupied HU | 9,185 (52.0%) |
| Renter Occupied HU | 7,088 (40.1%) |
| Vacant Housing Units | 1,402 ( 7.9%) |
| Median Home Value | $691,446 |
| Average Home Value | $821,666 |
Residential
17,787
Single Family
11,641
Multi-Family
6,146
Businesses
1,035
Date | Event | Price |
|---|---|---|
| 2024-10-16 | Listed for sale | $749,950 |
| 2020-09-09 | Sold | N/A |
| 2020-08-18 | Pending sale | $409,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $8410.99 | -5.84% | $605,720 | N/A |
| 2022-10-21 | $8932.61 | 2.97% | $605,720 | 50.65% |
| 2021-10-21 | $8675.30 | -2.78% | $402,080 | N/A |
Listed by: Berry Hawkins • Dave Perry Miller Real Estate
Mls Name: NTREIS
Mls ID: #20751659
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.
