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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 844 Cleardale Dr, Dallas, TX, 75232 priced at $158,999 pairs $2,756/mo rent with $1,624/mo cash flow after a $778/mo payment. Total monthly income equals $2,756/mo, and annual cash flow comes to $19,491/yr on $52,708 invested. Return on cash invested is 56.89% in year one, and rental yield stands at 20.8% on a $158,999 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,928 by year five. Five-year ROI measures 302.43% and total cumulative return in cash reaches $159,407. For financing, Ziffy Mortgage’s DSCR program evaluates $2,756/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
7,710 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75232, Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,524 (100%) |
| Owner Occupied HU | 6,328 (60.1%) |
| Renter Occupied HU | 3,634 (34.5%) |
| Vacant Housing Units | 562 ( 5.3%) |
| Median Home Value | $257,368 |
| Average Home Value | $353,589 |
Residential
10,681
Single Family
9,138
Multi-Family
1,543
Businesses
356
Date | Event | Price |
|---|---|---|
| 2024-05-09 | Listed for sale | $158,999 |
| 2023-07-13 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $2655.06 | -8.59% | $115,700 | N/A |
| 2022-08-15 | $2904.51 | 29.82% | $115,700 | 36.42% |
| 2021-08-15 | $2237.29 | -2.76% | $84,810 | N/A |
Listed by: Dan Cook • Houstonaire Real Estate, Inc.
Mls Name: NTREIS
Mls ID: #20612349
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.
