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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Grand Prairie at 506 E Avenue J APT A, Grand Prairie, TX, 75050 offers $831/mo rent that, after a $538/mo payment. Total monthly income is $831/mo. Return on cash invested measures 5.83% in year one, and rental yield stands at 9.07% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 34.35% and total cumulative return in cash reaches $12,528. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $831/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1968
1,437 sqft lot
$N/A/sqft
$477 monthly HOA
Neighborhood data shown for ZIP Code: 75050, Grand Prairie, TX area.
| 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 |
Residential
16,569
Single Family
9,012
Multi-Family
7,557
Businesses
2,073
Date | Event | Price |
|---|---|---|
| 2025-07-23 | Listed for sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-07-23 | $204.62 | -24.86% | $90,826 | 100.94% |
| 2015-07-23 | $272.32 | N/A | $45,200 | N/A |
| 2014-07-23 | $272.32 | N/A | $45,200 | N/A |
Listed by: Lisa Capricciuolo • Executive Dream Realty Group
Mls Name: NTREIS
Mls ID: #21008939
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.
