1006 Clarice StGrand PrairieTX75051
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Grand Prairie at 1006 Clarice St, Grand Prairie, TX, 75051 uses $74,090 cash to close to unlock $6,187/yr annual cash flow and $516/mo monthly cash flow. Total monthly income runs $2,105/mo, and a $1,094/mo payment keeps the spread at $516/mo. Purchase price stands at $223,500, and rental yield measures 11.3% with $2,105/mo rent. Return on cash invested shows 28.26% in year one, and 5% annual appreciation builds toward $61,749 over five years. Five-year ROI reaches 148.87% and total cumulative return in cash records $110,298. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,105/mo property income covering a $1,094/mo payment rather than investor’s personal income.
Single Family
Built in 1952
7,595 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75051, Grand Prairie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,179 (100%) |
| Owner Occupied HU | 6,325 (48.0%) |
| Renter Occupied HU | 6,047 (45.9%) |
| Vacant Housing Units | 807 ( 6.1%) |
| Median Home Value | $228,777 |
| Average Home Value | $275,430 |
Housing Distribution
Address Breakdown
Residential
13,320
Single Family
9,857
Multi-Family
3,463
Businesses
1,218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A