BEST PROPERTY INVESTMENT OPPORTUNITY IN THE AREA! 3 Bed 2 Bath property for sale on 2835 Southland St. Dallas, TX for only $28,800 asking price! This price is listed with the Dallas Central Appraisal District for a market value of $30,860. This property has been leased out to the same tenant for the past 8 years! The property is currentky leased out for $500 a month. NOI- $5175Cap Rate- 17.97%If you would like to take advanrage of our owner financing loan option you will need 30% down. Down payment of $8,640Loan amount will be for $20,16012% APR for 8yrs Monthly payments of $295.22. This property is currently leased out for $500 a month. This is a $204.78 positive cash flow immediately after purchase! Some work may be needed! Call Chase at Rodgers Real Estate for more details...Chase 469-254-1928 Neighborhood: South Boulevard-Park Row Historic Zillow predicts Dallas home values will rise 5.9% next year, compared to a 4.3% rise for Dallas-Fort Worth Metro as a whole. Among Dallas homes, this home is valued 47.6% less than the midpoint (median) home, and is valued 38.7% less per square foot.
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