It’s no secret that housing affordability is at an all-time low nationwide. Scarce inventory and high interest rates have locked many people into their current low-rate mortgages. Given that, finding properties at the right price point for a fix and flip has been daunting for many real estate investors.
As a result, many of our clients are pivoting to long-term rentals.
According to the Joint Center For Housing Studies, the US home price index is now a whopping 47 percent higher than since early 2020. Meanwhile, in the rental market, although rent growth slowed to just 0.2 percent year over year in early 2024, rents remain up 26 percent nationwide since early 2020 and are rising in three out of every five markets.
One such market is Dallas-Fort Worth where unemployment is a low 3.8% — below the national average— and demand for apartments is increasing.
One of our clients has recently completed the construction of six luxury duplexes in downtown Dallas. With five currently listed, they present a golden opportunity for an investor looking to buy and rent.
Create a passive income stream while also building equity—it’s a win-win.
2503 Crossman Ave, Dallas, TX 75212
2505 Crossman Ave, Dallas, TX 75212
2507 Crossman Ave, Dallas, TX 75212
2511 Crossman Ave, Dallas, TX 75212
2513 Crossman Ave, Dallas, TX 75212
Each beautiful 4 BR 5 BA townhome has all the bells and whistles including warm wood floors, a European-style kitchen, spa-like bathrooms, and more. With views of downtown Dallas, these 2550-square-foot homes have everything a new resident might want. Situated just minutes away from Bishop Arts District, Reunion Tower, museums, and a vibrant dining scene, these unique properties offer the perfect blend of style and convenience.
Well-priced at $549K, these luxury duplexes offer a lot of bang for your buck. Consider purchasing these turnkey properties using a Zero Point DSCR loan and save on financing right up front. Buy multiple properties and bundle your savings.
Qualifying for our DSCR loan product is easy —no income requirements or tax returns are necessary.
✅ Purchase, Rate Refinance, Cash-Out Refinance
✅ Loans From $100K to $3.5M
✅ Rates From 7% I/O APR
✅ 30-year, 20-year, and 15-year Fixed OR 5, 7, and 10-year ARM
✅ Credit 640+
Want to learn more about these rental-ready properties? Reach out to NavCap’s Rick Rall at 888.444.3160 ext 2001 or rick@gonavcap.com to set up a walk-through and discuss details.
Already have an investment property in need of financing? Request a free, no-obligation quote below.