512 E Avenue J APT AGrand 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
Total monthly income runs $1,302/mo, and a $832/mo payment. Purchase price stands at $170,000, and rental yield measures 9.19% with $1,302/mo rent. Return on cash invested shows 8.05% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 45.58% and total cumulative return in cash records $25,689. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,302/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 1968
1,960 sqft lot
$N/A/sqft
$650 monthly 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: Becky Melton • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20823449
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.