2860 PradoGrand 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 2860 Prado, Grand Prairie, TX, 75054 earns $519/mo cash flow from $3,185/mo rent with a $1,835/mo payment. Total monthly income totals $3,185/mo, and annual cash flow totals $6,225/yr on $124,313 capital. ROI tracks 24.92% on current figures, and rental yield reads 10.19% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 130.9% and total cumulative return in cash sums $162,723. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,185/mo property income instead of your personal income.
Single Family
Built in 2006
8,494 sqft lot
$N/A/sqft
No 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: Rita Boachie • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21107517