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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 2618 Santa Barbara Dr, Grand Prairie, TX, 75052 uses $76,245 cash to close to unlock $4,394/yr annual cash flow and $366/mo monthly cash flow. Total monthly income runs $2,071/mo, and a $1,126/mo payment keeps the spread at $366/mo. Purchase price stands at $230,000, and rental yield measures 10.81% with $2,071/mo rent. Return on cash invested shows 25.67% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 135.41% and total cumulative return in cash records $103,243. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,071/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1973
2,652 sqft lot
$N/A/sqft
$69 monthly HOA
Neighborhood data shown for ZIP Code: 75052, Grand Prairie, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,311 (100%) |
| Owner Occupied HU | 20,639 (55.3%) |
| Renter Occupied HU | 14,628 (39.2%) |
| Vacant Housing Units | 2,044 ( 5.5%) |
| Median Home Value | $322,407 |
| Average Home Value | $361,514 |
Residential
35,886
Single Family
25,237
Multi-Family
10,649
Businesses
1,144
Date | Event | Price |
|---|---|---|
| 2025-06-03 | Listed for sale | $230,000 |
| 2025-03-13 | Sold | N/A |
| 2025-03-04 | Pending sale | $170,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-03 | $3456.10 | 7.87% | $153,550 | 10.25% |
| 2023-06-03 | $3203.86 | 12.33% | $139,280 | 24.36% |
| 2022-06-03 | $2852.25 | N/A | $112,000 | N/A |
Listed by: Eliseo Cuellar • JPAR Arlington
Mls Name: NTREIS
Mls ID: #20956316
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.
