51 Spring Creek CirGrand PrairieTX75054
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Nearby investment properties with comparable prices
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 51 Spring Creek Cir, Grand Prairie, TX, 75054 listed at $269,900 pairs $1,658/mo rent with a $1,321/mo payment. Total monthly income runs $1,658/mo. Return on cash invested measures 16.4% in year one, and rental yield registers 7.37% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 85.27% and total cumulative return in cash totals $76,290. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,658/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2021
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75054, Grand Prairie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,871 (100%) |
| Owner Occupied HU | 4,774 (81.3%) |
| Renter Occupied HU | 957 (16.3%) |
| Vacant Housing Units | 140 ( 2.4%) |
| Median Home Value | $446,307 |
| Average Home Value | $471,322 |
Housing Distribution
Address Breakdown
Residential
5,920
Single Family
4,747
Multi-Family
1,173
Businesses
440
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Listed by: Carlos Ortiz-Hernandez • DFW REALTORS of Texas
Mls Name: NTREIS
Mls ID: #21132550