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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 6900 Skillman St APT 801, Dallas, TX, 75231 generates $1,762/mo in rent, after a $1,292/mo payment. Total monthly income is $1,762/mo. Return on cash invested sits at 11.34% in year one, and rental yield is 8.01% on a $264,000 entry. Equity gained on principal adds $1,704/yr, while 5% annual appreciation builds toward $72,938 over five years. Five-year ROI reaches 60.62% and total cumulative return in cash sums $53,053. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,762/mo property income rather than buyer’s personal income.
Condo
Built in 1981
3.88 Acres lot
$N/A/sqft
$510 monthly HOA
Neighborhood data shown for ZIP Code: 75231, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,072 (100%) |
| Owner Occupied HU | 3,394 (15.4%) |
| Renter Occupied HU | 15,728 (71.3%) |
| Vacant Housing Units | 2,950 (13.4%) |
| Median Home Value | $541,224 |
| Average Home Value | $538,955 |
Residential
21,094
Single Family
4,505
Multi-Family
16,589
Businesses
1,720
Date | Event | Price |
|---|---|---|
| 2025-07-31 | Listed for sale | $264,000 |
| 2025-07-01 | Listing removed | $274,400 |
| 2025-02-26 | Price change | $274,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-31 | $2811.08 | 17.22% | $220,330 | 29.63% |
| 2023-07-31 | $2398.18 | -3.06% | $169,970 | N/A |
| 2022-07-31 | $2473.82 | 17.54% | $169,970 | 22.73% |
Listed by: Stephen Russell • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #21011919
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.
