1926 Harbor Lights DrGrand PrairieTX75051
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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 1926 Harbor Lights Dr, Grand Prairie, TX, 75051 uses $104,423 cash to close to unlock $10,317/yr annual cash flow and $860/mo monthly cash flow. Total monthly income runs $3,100/mo, and a $1,542/mo payment keeps the spread at $860/mo. Purchase price stands at $315,000, and rental yield measures 11.81% with $3,100/mo rent. Return on cash invested shows 29.79% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 157.03% and total cumulative return in cash records $163,973. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,100/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 2010
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75051, Grand Prairie, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,320
Single Family
9,857
Multi-Family
3,463
Businesses
1,218
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Listed by: Judi Munoz • Susy Saldivar Real Estate
Mls Name: NTREIS
Mls ID: #21036881