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Dallas Fully Occupied Duplex – $360k

6205 Lovett Ave, Dallas
ROI
15.39% IRR
Strategy
Long Term Rental
Ideally located with easy access to downtown Dallas, Lakewood, Greenville Avenue, and SMU. Both units are leased, offering immediate cash flow. Unit 1 is a 3-bed, 2-bath unit (approx. 1000 sqft), leased through May 2026 at $1850/month. Unit 2 is a 2-bed, 1-bath (approx. 672 sqft), leased on a month-to-month basis at $1300/month. This is also a great househack opportunity, as the month-to-month tenant can be removed within 30 days of closing. Taxes $7178.

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Dallas Fully Occupied Duplex – $360k

Listed 08/05/2025

6205 Lovett Ave, Dallas

Purchase Price:$360,000

Cash Outlay:$97,200

Cashflow:$286/mo

Cap Rate:6.73%

IRR:15.39%

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