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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Grand Prairie at 1030 SE 3rd St, Grand Prairie, TX, 75051 generates $2,470/mo in rent and, after a $1,468/mo payment, leaves $337/mo in cash flow. Total monthly income is $2,470/mo, and annual cash flow is $4,044/yr on $99,450 invested. Return on cash invested sits at 23.98% in year one, and rental yield is 9.88% on a $299,999 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 125.84% and total cumulative return in cash sums $125,148. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,470/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75051, Grand Prairie, TX area.
| 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 |
Residential
13,320
Single Family
9,857
Multi-Family
3,463
Businesses
1,218
Date | Event | Price |
|---|---|---|
| 2025-04-17 | Listed for sale | $299,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $579.62 | 7.45% | $250,600 | -0.74% |
| 2023-04-17 | $539.42 | -63.42% | $252,480 | 24.89% |
| 2022-04-17 | $1474.49 | 1.86% | $202,160 | 21.04% |
Listed by: Melanie Hunt • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20905840
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
