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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 2509 Laurel St, Grand Prairie, TX, 75050 offers $2,848/mo rent that, after a $1,542/mo payment, leaves $455/mo cash flow. Total monthly income is $2,848/mo, and annual cash flow is $5,463/yr on $104,422 cash. Return on cash invested measures 25.14% in year one, and rental yield stands at 10.85% at a $314,999 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,028 by year five. Five-year ROI records 132.78% and total cumulative return in cash reaches $138,653. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,848/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
7,731 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75050, Grand Prairie, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,050 (100%) |
| Owner Occupied HU | 6,451 (37.8%) |
| Renter Occupied HU | 9,581 (56.2%) |
| Vacant Housing Units | 1,018 ( 6.0%) |
| Median Home Value | $273,457 |
| Average Home Value | $344,662 |
Residential
16,569
Single Family
9,012
Multi-Family
7,557
Businesses
2,073
Date | Event | Price |
|---|---|---|
| 2024-12-19 | Price change | $314,999 |
| 2024-12-17 | Listed for sale | $315,000 |
| 2024-12-16 | Contingent | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $7058.94 | 8.80% | $313,620 | 11.19% |
| 2023-12-27 | $6488.21 | N/A | $282,060 | N/A |
Listed by: Karent Ronquillo • Agency Dallas Park Cities, LLC
Mls Name: NTREIS
Mls ID: #20734433
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.
