219 SE 13th StGrand 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 219 SE 13th St, Grand Prairie, TX, 75051 offers a 3.89% rental yield on a $550,000 purchase with $1,784/mo rent. 95% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 29.18% and total cumulative return in cash at $52,810. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,784/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1943
10,541 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: David DeVries • RE/MAX Pinnacle Group REALTORS
Mls Name: NTREIS
Mls ID: #20740061
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.