5243 W Cove WayGrand 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 5243 W Cove Way, Grand Prairie, TX, 75052 uses $172,725 cash to close to unlock $11,931/yr annual cash flow and $994/mo monthly cash flow. Total monthly income runs $4,728/mo, and a $2,570/mo payment keeps the spread at $994/mo. Purchase price stands at $525,000, and rental yield measures 10.81% with $4,728/mo rent. Return on cash invested shows 26.97% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 141.89% and total cumulative return in cash records $245,085. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,728/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 2006
7,492 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: Jonathan Colon • RJ Williams & Company RE LLC
Mls Name: NTREIS
Mls ID: #21112176