Best Rental Areas in DFW

[Morris Lucas]

Anyone have ideas on where you have seen the best return in terms of purchase cost for rental properties in the DFW area? Specifically, B to B- neighborhoods.

i have heard Arlington, Grapevine, parts of Irving may be good rental areas. Driving around, i have seen a few Owner Finance signs in several areas as well.

In the next year, wanted to look at going the FHA route to finance, or possibly Homepath options.

Thanks!!

[Alberto Camacho]

Originally posted by @Morris Lucas:

Thanks everyone for the insight. Wow, 1%, that's worse than Atlanta

I regularly find DFW SFRs that make from $400 to $600 month with COC in the 15% to 24% range and don't meet the 1%. Finding $800 a month in this area will be tough. As investors we need to adapt to market conditions. I wouldn't get too hung up on the 1% guideline.