1315 Lake Forest DrGrand PrairieTX75052
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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
Investment property for sale in Grand Prairie at 1315 Lake Forest Dr, Grand Prairie, TX, 75052 with 5% annual appreciation on a $395,000 basis while $3,116/mo rent supports operations. Total monthly income totals $3,116/mo and a $1,933/mo payment preserves $237/mo for cash returns. Annual cash flow comes to $2,847/yr on $130,943 deployed, and return on cash invested reaches 22.08% in year one. Equity gained on principal adds $2,549/yr, and five-year appreciation sums $109,131 alongside rental yield of 9.47%. Five-year ROI measures 115.97% and total cumulative return in cash totals $151,854.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,116/mo property income versus a $1,933/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
6,969 sqft lot
$N/A/sqft
$90 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75052, Grand Prairie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,311 (100%) |
| Owner Occupied HU | 20,639 (55.3%) |
| Renter Occupied HU | 14,628 (39.2%) |
| Vacant Housing Units | 2,044 ( 5.5%) |
| Median Home Value | $322,407 |
| Average Home Value | $361,514 |
Housing Distribution
Address Breakdown
Residential
35,886
Single Family
25,237
Multi-Family
10,649
Businesses
1,144
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Listed by: Hailey Emery • Emery Realty, LLC
Mls Name: NTREIS
Mls ID: #20789218
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.