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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 1206 Plattner Dr, Grand Prairie, TX, 75050 offers a 11.53% rental yield on a $325,000 purchase with $3,122/mo rent. Total monthly income registers $3,122/mo, and a $1,591/mo payment leaves $811/mo available for distribution. Annual cash flow reaches $9,727/yr on $107,738 to close, and return on cash invested stands at 28.94% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 152.47% and total cumulative return in cash at $164,269. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,122/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
5,880 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75050, Grand Prairie, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,050 (100%) |
| Owner Occupied HU | 6,451 (37.8%) |
| Renter Occupied HU | 9,581 (56.2%) |
| Vacant Housing Units | 1,018 ( 6.0%) |
| Median Home Value | $273,457 |
| Average Home Value | $344,662 |
Residential
16,569
Single Family
9,012
Multi-Family
7,557
Businesses
2,073
Date | Event | Price |
|---|---|---|
| 2025-06-07 | Price change | $325,000 |
| 2017-07-25 | Pending sale | $150,000 |
| 2017-07-24 | Listed for sale | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-08 | $4355.23 | -2.95% | $266,820 | N/A |
| 2023-06-08 | $4487.48 | -14.50% | $266,820 | N/A |
| 2022-06-08 | $5248.68 | 1.52% | $266,820 | 19.34% |
Listed by: Cindy Schmidt • RE/MAX Associates of Mansfield
Mls Name: NTREIS
Mls ID: #20962371
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.
