1208 Tulip CtGrand PrairieTX75104
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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
Rental property for sale in Grand Prairie at 1208 Tulip Ct, Grand Prairie, TX, 75104 priced at $629,900 converts $5,284/mo rent into $705/mo cash flow after a $3,083/mo obligation. Total monthly income equals $5,284/mo, and annual cash flow totals $8,457/yr on $207,237 invested. Return on cash invested prints 24.14% in year one, and rental yield reads 10.07% against a $629,900 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation compiles into $174,030 by year five. Five-year ROI reaches 126.93% and total cumulative return in cash sums $263,043. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,284/mo property income covering a $3,083/mo payment, not borrower’s personal income.
Single Family
Built in 2018
1.04 Acres lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75104, Cedar Hill, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,093 (100%) |
| Owner Occupied HU | 12,039 (66.5%) |
| Renter Occupied HU | 5,419 (30.0%) |
| Vacant Housing Units | 635 ( 3.5%) |
| Median Home Value | $328,501 |
| Average Home Value | $403,171 |
Housing Distribution
Address Breakdown
Residential
18,377
Single Family
16,136
Multi-Family
2,241
Businesses
970
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Listed by: Kevin Mcdonald • United Real Estate
Mls Name: NTREIS
Mls ID: #21029170
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.