2688 Costa Verde DrGrand PrairieTX75054
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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 2688 Costa Verde Dr, Grand Prairie, TX, 75054 with 5% annual appreciation on a $550,000 basis while $6,046/mo rent supports operations. Total monthly income totals $6,046/mo and a $2,692/mo payment preserves $2,088/mo for cash returns. Annual cash flow comes to $25,060/yr on $180,950 deployed, and return on cash invested reaches 33.91% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 13.19%. Five-year ROI measures 179.23% and total cumulative return in cash totals $324,322.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,046/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
7,797 sqft lot
$N/A/sqft
$558 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75054, Grand Prairie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,871 (100%) |
| Owner Occupied HU | 4,774 (81.3%) |
| Renter Occupied HU | 957 (16.3%) |
| Vacant Housing Units | 140 ( 2.4%) |
| Median Home Value | $446,307 |
| Average Home Value | $471,322 |
Housing Distribution
Address Breakdown
Residential
5,920
Single Family
4,747
Multi-Family
1,173
Businesses
440
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Listed by: Robert Wagner • CENTURY 21 Judge Fite
Mls Name: NTREIS
Mls ID: #20706939
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.