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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% |
Investment property for sale in Grand Prairie at 1034 SE 2nd St, Grand Prairie, TX, 75051 listed at $299,900 pairs $2,407/mo rent with a $1,468/mo payment to leave $186/mo cash flow. Total monthly income runs $2,407/mo, and annual cash flow reaches $2,235/yr on $99,417 cash to close. Return on cash invested measures 22.16% in year one, and rental yield registers 9.63% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 116.52% and total cumulative return in cash totals $115,840. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,407/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
10,410 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 |
|---|---|---|
| 2024-10-12 | Listed for sale | $299,900 |
| 2024-08-23 | Listing removed | N/A |
| 2024-06-30 | Price change | $314,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $6035.28 | 13.13% | $262,370 | 25.25% |
| 2022-10-17 | $5334.71 | 369.68% | $209,480 | 21.31% |
| 2021-10-17 | $1135.83 | 3.27% | $172,680 | 9.06% |
Listed by: Matt Sanchez • Smart Move Realty, LLC
Mls Name: NTREIS
Mls ID: #20753109
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.
