2743 Olympic Park DrGrand PrairieTX75050
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Grand Prairie at 2743 Olympic Park Dr, Grand Prairie, TX, 75050 priced at $288,500 converts $1,960/mo rent into after a $1,412/mo obligation. Total monthly income equals $1,960/mo. Return on cash invested prints 16.25% in year one, and rental yield reads 8.15% against a $288,500 entry. Equity gained on principal adds $1,862/yr, while 5% annual appreciation compiles into $79,707 by year five. Five-year ROI reaches 85.37% and total cumulative return in cash sums $81,649. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,960/mo property income covering a $1,412/mo payment, not borrower’s personal income.
Townhouse
Built in 2007
1,698 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75050, Grand Prairie, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,569
Single Family
9,012
Multi-Family
7,557
Businesses
2,073
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Vitangeli • Better Homes & Gardens, Winans
Mls Name: NTREIS
Mls ID: #20555204
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.