1606 Hill StGrand PrairieTX75050
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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 1606 Hill St, Grand Prairie, TX, 75050 priced at $547,500 pairs $2,744/mo rent with after a $2,680/mo payment. Total monthly income equals $2,744/mo. Return on cash invested is 12.4% in year one, and rental yield stands at 6.01% on a $547,500 basis. Equity gained on principal adds $3,533/yr, and 5% annual appreciation accumulates to $151,264 by year five. Five-year ROI measures 63.78% and total cumulative return in cash reaches $114,881. For financing, Ziffy Mortgage’s DSCR program evaluates $2,744/mo property income against a $2,680/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75050, Grand Prairie, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,569
Single Family
9,012
Multi-Family
7,557
Businesses
2,073
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Listed by: Kristin Harris • Mission To Close
Mls Name: NTREIS
Mls ID: #20775951
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.