526 E Avenue J APT D, Grand Prairie, TX, 75050 | $412/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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526 E Avenue J APT D, Grand Prairie, TX, 75050 | $412/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Grand Prairie at 526 E Avenue J APT D, Grand Prairie, TX, 75050 offers $1,400/mo rent that, after a $680/mo payment, leaves $412/mo cash flow. Total monthly income is $1,400/mo, and annual cash flow is $4,943/yr on $46,079 cash. Return on cash invested measures 30.64% in year one, and rental yield stands at 12.09% at a $139,000 entry. Equity gained on principal adds $897/yr while 5% annual appreciation compounds into $38,403 by year five. Five-year ROI records 161.59% and total cumulative return in cash reaches $74,456. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,400/mo property income versus a $680/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1968

N/A lot

$N/A/sqft

No HOA

More details about the property

Fantastic opportunity for first-time homebuyers! Seller offering $2,000 towards closing cost or buy down. This charming split-level condo in the heart of DFW is VA and Conventional loan approved. Located near a scenic greenbelt with quick access to major highways, DFW Airport, and the Arlington Entertainment District, this home offers both convenience and comfort. Upstairs features a spacious living area with updated lighting and a covered balconyperfect for relaxing or entertaining. Downstairs includes a generously sized bedroom with double doors and an updated walk-in closet. HVAC system was replaced in May 2024 for added efficiency. Residents enjoy access to a newly added fitness center, a large community pool (3 to 9 feet), clubhouse, and two laundry facilitiesone with new machines and the other located near the assigned oversized parking space (#151). HOA covers water, sewer, trash, foundation, complex insurance, and exterior maintenance, making this a low-maintenance lifestyle ideal for first-time buyers.

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