Top 10 Dallas Zillow Investment Listings Ranked by Cash-on-Cash Return
Ten Dallas-area rental listings from Zillow ranked by cash-on-cash return—plus the exact Realy assumptions behind each metric and what advanced investors should verify before making an offer.
These ten listings were pulled from a Dallas, TX Zillow search and ranked by cash-on-cash return (CoC) using Realy’s Chrome extension analyzer. Each property below appears in the same order as the underlying data—highest CoC first.
This is a screening list, not a buy list. The numbers assume Zillow Rent Zestimates and a lean expense model. Before you offer, validate rent comps, insurance quotes, HOA fees, and rehab needs on every address.
Calculation Assumptions Used
All metrics below were generated with the following Realy assumption profile (June 3, 2026):
| Input | Setting | How it applies |
|---|---|---|
| Down payment | 20% of purchase price | Remaining 80% financed |
| Closing costs | 1% of sales price | Added to total cash invested |
| Interest rate | 6.50% / year | 30-year fixed amortization |
| Loan term | 30 years | Standard P&I mortgage |
| Property taxes | 2.00% of sale value / year | No homestead exemption modeled |
| Insurance | $0 / year | Not modeled—add your quote |
| Maintenance | $0 / year | Not modeled—add a reserve |
| Vacancy | 0 months | Assumes 100% occupancy |
| Management fee | 0% of gross rent | Self-managed assumption |
| Utilities | $0 / month | Tenant-paid assumption |
| HOA | $0 / month | Verify for condos/townhomes |
| Other expenses | $0 / month | Capex, lawn, etc. not included |
| Renovation | $0 | Turnkey / as-is purchase basis |
| Rent | Zillow Rent Zestimate | Default income for each listing |
How the core metrics are derived
Gross Annual Rent = Monthly Rent × 12
Operating Expenses = Property taxes (+ any modeled line items)
NOI = Gross Annual Rent − Operating Expenses
Annual Cash Flow = NOI − Annual Mortgage Payment
Total Cash Invested = Down Payment + Closing Costs + Renovation
Cash-on-Cash Return = Annual Cash Flow ÷ Total Cash Invested
Cap Rate = NOI ÷ Purchase Price
Monthly Cash Flow = Annual Cash Flow ÷ 12
Why some CoC figures look unusually high: With only property taxes modeled as an expense, low purchase prices, and 20% down, annual cash flow can exceed total cash invested—especially on sub-$100K condos and SFRs. That is a model output, not a guarantee. Adding insurance ($800–$1,500+/yr), 5–8% vacancy, and 5–10% maintenance typically compresses CoC sharply.
Advanced tip: Re-run each listing in Realy with your actual insurance quote, HOA dues, and a 5% management fee. Rankings often reshuffle once real-world expenses are included.
At-a-Glance Ranking
| # | Address | Price | Beds/Baths | CoC | Cap Rate | Mo. Cash Flow | Rent/mo |
|---|---|---|---|---|---|---|---|
| 1 | 9827 Walnut St #210 | $59,000 | 2 / 2 | 106.9% | 28.5% | $1,103 | $1,500 |
| 2 | 4020 S Denley Dr | $69,000 | 3 / 2 | 100.1% | 27.1% | $1,208 | $1,672 |
| 3 | 1505 Elm St APT 1003 | $325,000 | 3 / 3 | 52.5% | 17.1% | $2,986 | $5,171 |
| 4 | 2611 Pine St | $109,900 | 3 / 1 | 51.3% | 16.9% | $987 | $1,726 |
| 5 | 3631 Dunbar St | $97,900 | 3 / 1 | 50.5% | 16.7% | $866 | $1,524 |
| 6 | 726 Helena Ave | $119,999 | 3 / 2 | 49.3% | 16.4% | $1,034 | $1,841 |
| 7 | 141 W Brownlee Ave | $155,000 | 4 / 2 | 41.4% | 14.8% | $1,124 | $2,166 |
| 8 | 9814 Amberton Pkwy | $180,000 | 3 / 2 | 38.3% | 14.1% | $1,207 | $2,417 |
| 9 | 6319 Lake Bluff Dr | $445,000 | 4 / 3 | 37.7% | 14.0% | $2,939 | $5,931 |
| 10 | 8550 Fair Oaks Xing APT 115 | $180,000 | 2 / 3 | 34.6% | 13.3% | $1,089 | $2,299 |
#1 — 9827 Walnut St #210, Dallas TX 75243
Condo · 2 bed / 2 bath · 1,031 sqft · $59,000
| Metric | Value |
|---|---|
| Cash-on-cash | 106.9% |
| Cap rate | 28.5% |
| Monthly cash flow | $1,103 |
| Total cash down | $12,390 |
| Price / sqft | $57 |
| Rent / sqft | $1.45 |
Why it ranks #1: The lowest absolute price on the list paired with a $1,500/mo Rent Zestimate produces enormous yield on just $12,390 cash in—under the lean expense model above.
Investor notes:
- Price reduction: $10,000 cut (May 13)—seller may be motivated; verify condition and condo association health.
- Zestimate vs. list: Zestimate ~$55,400 vs. list $59,000—list is slightly above automated value; negotiate with comps.
- Tax assessed value: $113,410—well above list price. Dallas appraisal districts can lag; confirm current tax bill, not just the 2% model.
- Condo risk: Confirm HOA dues, special assessments, rental caps, and owner-occupancy rules before assuming $0 HOA.
- Submarket: 75243 (Lake Highlands / northeast Dallas)—check crime, school ratings, and condo comp rents independently.
#2 — 4020 S Denley Dr, Dallas TX 75216
Single family · 3 bed / 2 bath · 1,076 sqft · $69,000
| Metric | Value |
|---|---|
| Cash-on-cash | 100.1% |
| Cap rate | 27.1% |
| Monthly cash flow | $1,208 |
| Total cash down | $14,490 |
| Price / sqft | $64 |
| Rent / sqft | $1.55 |
Why it ranks #2: Similar thesis to #1—a sub-$70K SFR with strong rent-to-price ratio. Three bedrooms broadens tenant pool vs. two-bed condos.
Investor notes:
- 75216 (South Dallas): Higher perceived risk market—drive the block, check vacancy rates, and pull police/incident data.
- Tax assessed: $176,940 vs. $69K list—a large gap that may reflect prior peak value or assessment lag; get the actual tax certificate.
- Days on Zillow: ~12 days—fresh listing; move quickly if diligence checks out.
- No price reduction yet: Less seller pressure than #1 or #4; your offer strategy may differ.
- Rehab buffer: Older SFRs in this band often need HVAC, roof, or plumbing work—model $15–$30/sqft if not turnkey.
#3 — 1505 Elm St APT 1003, Dallas TX 75201
Condo · 3 bed / 3 bath · 2,045 sqft · $325,000
| Metric | Value |
|---|---|
| Cash-on-cash | 52.5% |
| Cap rate | 17.1% |
| Monthly cash flow | $2,986 |
| Total cash down | $68,250 |
| Price / sqft | $159 |
| Rent / sqft | $2.53 |
Why it ranks #3: Downtown/uptown-adjacent luxury condo with a $5,171/mo Rent Zestimate—highest absolute cash flow on the list despite the higher basis.
Investor notes:
- 75201 (Downtown Dallas): Professional tenant pool, short-term rental restrictions may apply—read HOA bylaws carefully.
- Zestimate: ~$318K vs. $325K list—near fair value by Zillow’s model.
- Tax assessed: $398,780—verify annual tax bill; 2% of $325K = $6,500/yr in the model.
- HOA is not $0 in reality: High-rise condos often carry $400–$800+/mo HOA—this would drop CoC significantly; get the exact figure from the seller.
- Capital-intensive entry: $68K+ cash to close vs. ~$12K on #1—different investor profile (more capital, less extreme yield).
#4 — 2611 Pine St, Dallas TX 75215
Single family · 3 bed / 1 bath · 1,296 sqft · $109,900
| Metric | Value |
|---|---|
| Cash-on-cash | 51.3% |
| Cap rate | 16.9% |
| Monthly cash flow | $987 |
| Total cash down | $23,079 |
| Price / sqft | $85 |
| Rent / sqft | $1.33 |
Why it ranks #4: South Dallas SFR with a recent $10K price cut—motivated seller signal plus solid rent relative to sub-$110K basis.
Investor notes:
- Price reduction: $10,000 (May 20)—ask why (condition, days on market, inspection issues).
- One bath: Limits rent ceiling vs. 3/2 comps; confirm $1,726/mo against 3/1 rental comps.
- 75215: Gentrification-adjacent pockets exist—block-level diligence is critical.
- Tax assessed: $135,000—closer to list than some others; tax bill may be predictable.
- 47 days on Zillow: More time on market than #5 or #7—potential negotiation leverage.
#5 — 3631 Dunbar St, Dallas TX 75215
Single family · 3 bed / 1 bath · 1,032 sqft · $97,900
| Metric | Value |
|---|---|
| Cash-on-cash | 50.5% |
| Cap rate | 16.7% |
| Monthly cash flow | $866 |
| Total cash down | $20,559 |
| Price / sqft | $95 |
| Rent / sqft | $1.48 |
Why it ranks #5: Same zip and profile as #4 at a lower price point, but slightly lower CoC due to rent/price math.
Investor notes:
- Zestimate above list: ~$120,400 Zestimate vs. $97,900 list—possible value buy if condition is sound; inspect thoroughly.
- 3 days on Zillow: Very new—competition from other investors may be coming.
- Compare to #4: Same neighborhood, similar size—run both side-by-side in Realy with identical assumptions to pick the stronger comp set.
- One bath: Same tenant-pool limitation as #4.
#6 — 726 Helena Ave, Dallas TX 75217
Single family · 3 bed / 2 bath · 1,294 sqft · $119,999
| Metric | Value |
|---|---|
| Cash-on-cash | 49.3% |
| Cap rate | 16.4% |
| Monthly cash flow | $1,034 |
| Total cash down | $25,200 |
| Price / sqft | $93 |
| Rent / sqft | $1.42 |
Why it ranks #6: Pleasant Grove / southeast Dallas SFR with 3/2 layout—more rentable than 3/1 peers at a modest price premium.
Investor notes:
- 75217: Working-class rental market with established investor activity—check flood zone and foundation history.
- Tax assessed: $202,890 vs. ~$120K list—large assessment gap; confirm actual taxes before trusting the 2% model.
- 9 days on Zillow: Relatively fresh.
- Two baths: Easier to hit $1,841/mo if property is updated; verify against renovated 3/2 comps.
#7 — 141 W Brownlee Ave, Dallas TX 75224
Single family · 4 bed / 2 bath · 1,015 sqft · $155,000
| Metric | Value |
|---|---|
| Cash-on-cash | 41.4% |
| Cap rate | 14.8% |
| Monthly cash flow | $1,124 |
| Total cash down | $32,550 |
| Price / sqft | $153 |
| Rent / sqft | $2.13 |
Why it ranks #7: Four-bedroom layout supports higher rent ($2,166/mo) but price/sqft is elevated for the sqft count—CoC moderates.
Investor notes:
- Zestimate spread: ~$248,900 Zestimate vs. $155K list—if accurate, significant equity upside; if not, question listing accuracy or condition.
- Small footprint, 4 beds: Likely compact rooms—photos and floor plan matter for rent validation.
- 75224 (Oak Cliff area): Block-by-block variation; some streets outperform others dramatically.
- 4 days on Zillow: New listing—act fast if it fits your criteria.
#8 — 9814 Amberton Pkwy, Dallas TX 75243
Townhouse · 3 bed / 2 bath · 1,742 sqft · $180,000
| Metric | Value |
|---|---|
| Cash-on-cash | 38.3% |
| Cap rate | 14.1% |
| Monthly cash flow | $1,207 |
| Total cash down | $37,800 |
| Price / sqft | $103 |
| Rent / sqft | $1.39 |
Why it ranks #8: Larger townhome in 75243 with $10K recent price cut—more living space than condos at #1 but higher basis compresses yield.
Investor notes:
- Price reduction: $10,000 (Jun 1)—recent cut; seller may accept further discount.
- 74 days on Zillow: Longer DOM than most on this list—negotiation leverage.
- Townhouse HOA: Confirm monthly dues; townhome associations often $150–$300+/mo.
- 75243: Same broader area as #1 and #10—compare townhome vs. condo economics in this zip.
#9 — 6319 Lake Bluff Dr, Dallas TX 75249
Single family · 4 bed / 3 bath · 2,662 sqft · $445,000
| Metric | Value |
|---|---|
| Cash-on-cash | 37.7% |
| Cap rate | 14.0% |
| Monthly cash flow | $2,939 |
| Total cash down | $93,450 |
| Price / sqft | $167 |
| Rent / sqft | $2.23 |
Why it ranks #9: Largest home on the list with the second-highest monthly cash flow ($2,939/mo)—a higher-capital, lower-yield-percentage play.
Investor notes:
- 75249 (Southwest Dallas / Cedar Hill border): Suburban feel, family tenants, school district research matters.
- Open house: Listed with Sat 12–4pm open house—good opportunity for walk-through diligence.
- Zestimate: ~$434,800 vs. $445K list—near market by automated valuation.
- Tax assessed: $401,520—aligned with price; tax modeling may be more reliable here.
- Insurance on larger homes: A $445K property likely needs $2,000+/yr insurance—not in current model; adjust CoC accordingly.
#10 — 8550 Fair Oaks Xing APT 115, Dallas TX 75243
Single family · 2 bed / 3 bath · 1,121 sqft · $180,000
| Metric | Value |
|---|---|
| Cash-on-cash | 34.6% |
| Cap rate | 13.3% |
| Monthly cash flow | $1,089 |
| Total cash down | $37,800 |
| Price / sqft | $161 |
| Rent / sqft | $2.05 |
Why it ranks #10: Same list price as #8 ($180K) but lower Rent Zestimate ($2,299 vs. $2,417) and higher price/sqft—lowest CoC in the top 10 under these assumptions.
Investor notes:
- Unusual layout: 2 bed / 3 bath—verify floor plan; extra bath may be an ADU, garage conversion, or data quirk.
- 58 days on Zillow: Stale relative to peers—why hasn’t it sold? Price, condition, or financing issues?
- 75243 cluster: Three listings in this zip (#1, #8, #10)—compare side-by-side in Realy’s map/table view.
- Same cash down as #8: $37,800—but ~$120/mo less cash flow; #8 likely wins on total return unless this property has hidden upside.
Patterns Across the Top 10
Price band clustering: Seven of ten listings are under $180K. Extreme CoC rankings favor low basis + Rent Zestimate, not necessarily the “best” neighborhoods.
South / southeast Dallas concentration: 75215, 75216, 75217 appear multiple times—higher modeled yields often correlate with higher diligence burden (crime, rehab, tenant quality).
Price reductions: Listings #1, #4, and #8 show recent $10K cuts—useful for offer strategy, but always ask why the price dropped.
Tax assessment gaps: Several properties have assessed values far above list (#1, #2, #6). That does not automatically mean low taxes—pull the county tax record.
What the model ignores: Insurance, vacancy, maintenance, management, and HOA are all zero in this run. A conservative re-model might look like:
| Added assumption | Typical impact |
|---|---|
| Insurance $1,200/yr | −1–3% CoC on sub-$100K deals |
| 5% vacancy | −5% of gross rent |
| 8% maintenance | −8% of gross rent |
| 8% management | −8% of gross rent |
| HOA $200/mo (condos) | Can eliminate positive cash flow |
How to Reproduce This List in Realy
- Install the Realy Chrome extension.
- Open Zillow Dallas search results and set your price/type filters.
- Click Open Realy Analyzer to load the table + map view.
- Apply the assumption profile from the table above (or your own).
- Sort by cash-on-cash to rebuild a live ranking as inventory changes.
Listings turn over daily. This snapshot reflects June 3, 2026 data—your top 10 tomorrow may look different.
Final Thoughts
The highest cash-on-cash listings on Zillow are rarely the easiest investments—they are often the ones that demand the most verification. Use this ranking to prioritize diligence, not skip it.
Run each address through Realy with realistic insurance, HOA, and vacancy assumptions. Walk the property. Pull comps. Then decide whether the yield survives contact with reality.