502 E Avenue J APT CGrand PrairieTX75050
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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 502 E Avenue J APT C, Grand Prairie, TX, 75050 at $130,000 posts ROI 23.22% with $119/mo cash flow from $1,043/mo rent. Total monthly income equals $1,043/mo, and annual cash flow records $1,426/yr on $43,095 to close. Return on cash invested measures 23.22% and rental yield reads 9.63% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 121.8% and total cumulative return in cash totals $52,491.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,043/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1968
7.81 Acres lot
$N/A/sqft
No 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
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Listed by: Johnny Koch • Ready Real Estate LLC
Mls Name: NTREIS
Mls ID: #21120014