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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% |
Rental property for sale in Grand Prairie at 2313 Sheriff Dr, Grand Prairie, TX, 75051 offers $4,080/mo rent that, after a $1,615/mo payment, leaves $1,734/mo cash flow. Total monthly income is $4,080/mo, and annual cash flow is $20,802/yr on $109,395 cash. Return on cash invested measures 38.92% in year one, and rental yield stands at 14.84% at a $330,000 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 206.05% and total cumulative return in cash reaches $225,407. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,080/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
8,232 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 |
|---|---|---|
| 2024-08-01 | Listed for sale | $330,000 |
| 2024-03-06 | Listing removed | N/A |
| 2024-02-08 | Listed for sale | $355,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $1366.43 | -51.39% | $228,770 | N/A |
| 2022-08-13 | $2810.89 | 1.08% | $228,770 | 11.52% |
| 2021-08-13 | $2780.97 | 1.65% | $205,140 | 20.14% |
Listed by: Lucas Pittaluga • Paragon, REALTORS
Mls Name: NTREIS
Mls ID: #20682909
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.
