Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1918 Spikes St, Grand Prairie, TX, 75051 with 5% annual appreciation on a $405,000 basis while $3,785/mo rent supports operations. Total monthly income totals $3,785/mo and a $1,982/mo payment preserves $905/mo for cash returns. Annual cash flow comes to $10,863/yr on $134,258 deployed, and return on cash invested reaches 28% in year one. Equity gained on principal adds $2,613/yr, and five-year appreciation sums $111,894 alongside rental yield of 11.21%. Five-year ROI measures 147.45% and total cumulative return in cash totals $197,966.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,785/mo property income versus a $1,982/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75051, Grand Prairie, TX area.
| 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 |
Residential
13,320
Single Family
9,857
Multi-Family
3,463
Businesses
1,218
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Listed for sale | $405,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $1150.13 | -9.68% | $50,000 | N/A |
| 2022-10-17 | $1273.33 | 19.78% | $50,000 | 25.00% |
| 2021-10-17 | $1063.10 | 25.68% | $40,000 | 33.33% |
Listed by: Edgar Graciano • Epique Realty LLC
Mls Name: NTREIS
Mls ID: #20750916
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.
