3152 Spyglass DrGrand 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
Rental property for sale in Grand Prairie at 3152 Spyglass Dr, Grand Prairie, TX, 75052 generates $3,383/mo in rent and, after a $2,203/mo payment, leaves $183/mo in cash flow. Total monthly income is $3,383/mo, and annual cash flow is $2,190/yr on $149,175 invested. Return on cash invested sits at 21.38% in year one, and rental yield is 9.02% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 111.93% and total cumulative return in cash sums $166,974. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,383/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
6,621 sqft 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: Edie Leon • Local Realty Agency
Mls Name: NTREIS
Mls ID: #20869622
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.