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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 7444 Concordia Ln, Dallas, TX, 75241 offers $3,326/mo rent that, after a $1,258/mo payment, leaves $1,463/mo cash flow. Total monthly income is $3,326/mo, and annual cash flow is $17,561/yr on $85,196 cash. Return on cash invested measures 40.52% in year one, and rental yield stands at 15.53% at a $257,000 entry. Equity gained on principal adds $1,658/yr while 5% annual appreciation compounds into $71,004 by year five. Five-year ROI records 214.8% and total cumulative return in cash reaches $183,000. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,326/mo property income versus a $1,258/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
5,915 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 |
|---|---|---|
| 2024-07-26 | Listed for sale | $257,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $4684.79 | -8.59% | $204,150 | N/A |
| 2022-08-15 | $5124.95 | 8.56% | $204,150 | 14.08% |
| 2021-08-15 | $4720.69 | 14.93% | $178,950 | 18.20% |
Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20685560
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.
