FREE book: The Book on Texas Real Estate Investing — download now

DFW Heavy Cashflow Seller Financed Duplex $475k

404 N Center St, Forney
ROI
28.09% IRR
Strategy
Long Term Rental
Located east of Dallas in Forney. Seller is offering to carry the note with $100k down and 2% interest. Principal + Interest = $1386 per month. Unit B has a section 8 tenant paying $2049 per month through November 2025. Unit A is vacant and expected to pull the same amount. This is a good value-add play for any investor. The housing authority will approve up to $3234 per month for a 3 bed unit in this zip code. Buy the property with cheap debt, increase curb appeal, and work to re-lease units at the top of the payment scale. Taxes $4745.

Enter your email to download the proforma

< Back to Daily Deals

DFW Heavy Cashflow Seller Financed Duplex $475k

Listed 01/07/2025

404 N Center St, Forney

Purchase Price:$475,000

Cash Outlay:$128,250

Cashflow:$1,436/mo

Cap Rate:7.13%

IRR:28.09%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Short Term Rental

Off-Market STR AirBnB Compound Producing $175k | $890k

20122 Canterbury Rd, Porter

Purchase Price:$890,000

Cash Outlay:$240,300

Cashflow:$3,309/mo

Cap Rate:10.30%

IRR:32.46%

Long Term Rental

Houston MSA Duplex Nearly 10% Cash-on-Cash | $591K

1762 E Peach Creek Dr, Dayton

Purchase Price:$591,000

Cash Outlay:$159,570

Cashflow:$1,191/mo

Cap Rate:7.25%

IRR:21.92%

Long Term Rental

DFW Duplex: Retail Buyers Pay $699K, SRC Clients Pay | $655K

6802-6804 Florence Dr, Midlothian

Purchase Price:$695,000

Cash Outlay:$187,650

Cashflow:$779/mo

Cap Rate:6.18%

IRR:16.56%

Mid Term Rental

North Dallas STR With $80K+ Proven Revenue | $490K

4219 Bendwood Ln, Dallas

Purchase Price:$490,000

Cash Outlay:$132,300

Cashflow:$351/mo

Cap Rate:6.70%

IRR:15.01%

Short Term Rental

Northwest Austin Quad 100% Occupied | $630K

1903 W Loop, Austin

Purchase Price:$630,000

Cash Outlay:$170,100

Cashflow:$619/mo

Cap Rate:7.02%

IRR:16.55%

Long Term Rental

Plano 5-Unit in a Premier Submarket | $950K

1607 M Ave, Plano

Purchase Price:$950,000

Cash Outlay:$256,500

Cashflow:$231/mo

Cap Rate:6.13%

IRR:12.25%