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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 2131 Varsity Dr, Grand Prairie, TX, 75051 with 5% annual appreciation on a $417,900 basis while $8,850/mo rent supports operations. Total monthly income totals $8,850/mo and a $2,045/mo payment preserves $5,879/mo for cash returns. Annual cash flow comes to $70,544/yr on $138,534 deployed, and return on cash invested reaches 70.83% in year one. Equity gained on principal adds $2,697/yr, and five-year appreciation sums $115,458 alongside rental yield of 25.41%. Five-year ROI measures 377.12% and total cumulative return in cash totals $522,440.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,850/mo property income versus a $2,045/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
0.25 Acres 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 |
|---|---|---|
| 2024-10-09 | Price change | $417,900 |
| 2024-09-30 | Listed for sale | $424,900 |
| 2024-07-19 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $6404.48 | 117.45% | $278,420 | 140.74% |
| 2022-10-17 | $2945.20 | -4.18% | $115,650 | N/A |
| 2021-10-17 | $3073.70 | 6.05% | $115,650 | 12.50% |
Listed by: Steven Robertson • Real Estate Diplomats
Mls Name: NTREIS
Mls ID: #20711261
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.
