4502 Hanover StGrand 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 4502 Hanover St, Grand Prairie, TX, 75052 earns $420/mo cash flow from $2,951/mo rent with a $1,742/mo payment. Total monthly income totals $2,951/mo, and annual cash flow totals $5,038/yr on $118,014 capital. ROI tracks 24.18% on current figures, and rental yield reads 9.95% at a $356,000 purchase. Equity gained on principal adds $2,297/yr, and 5% annual appreciation supports $98,356 over five years. Five-year ROI reaches 126.93% and total cumulative return in cash sums $149,798. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,951/mo property income instead of your personal income.
Single Family
Built in 1993
7,013 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: Janet Rivera • Rendon Realty, LLC
Mls Name: NTREIS
Mls ID: #20901349
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.