1113 SE 2nd 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 1113 SE 2nd St, Grand Prairie, TX, 75051 earns $677/mo cash flow from $2,576/mo rent with a $1,307/mo payment. Total monthly income totals $2,576/mo, and annual cash flow totals $8,126/yr on $88,511 capital. ROI tracks 29.09% on current figures, and rental yield reads 11.58% at a $267,000 purchase. Equity gained on principal adds $1,723/yr, and 5% annual appreciation supports $73,767 over five years. Five-year ROI reaches 153.32% and total cumulative return in cash sums $135,703. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,576/mo property income instead of your personal income.
Single Family
Built in 1968
7,927 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: Judi Munoz • Susy Saldivar Real Estate
Mls Name: NTREIS
Mls ID: #21083284