2908 Blacksmith CtGrand PrairieTX75052
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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 2908 Blacksmith Ct, Grand Prairie, TX, 75052 offers a 12.57% rental yield on a $384,900 purchase with $4,033/mo rent. Total monthly income registers $4,033/mo, and a $1,884/mo payment leaves $1,296/mo available for distribution. Annual cash flow reaches $15,550/yr on $127,594 to close, and return on cash invested stands at 32.1% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,341 over five years. Portfolio math shows five-year ROI at 169.39% and total cumulative return in cash at $216,135. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,033/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75052, Grand Prairie, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
35,886
Single Family
25,237
Multi-Family
10,649
Businesses
1,144
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Listed by: Steve Metarelis • Offerpad Brokerage, LLC
Mls Name: NTREIS
Mls ID: #21065437