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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 530 N M L King Jr Blvd, Grand Prairie, TX, 75050 offers $4,258/mo rent that, after a $2,300/mo payment, leaves $916/mo cash flow. Total monthly income is $4,258/mo, and annual cash flow is $10,994/yr on $155,805 cash. Return on cash invested measures 26.97% in year one, and rental yield stands at 10.87% at a $470,000 entry. Equity gained on principal adds $3,033/yr while 5% annual appreciation compounds into $129,852 by year five. Five-year ROI records 141.91% and total cumulative return in cash reaches $221,097. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,258/mo property income versus a $2,300/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,272 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-01-28 | Listed for sale | $470,000 |
| 2015-02-13 | Listing removed | $14,000 |
| 2015-01-23 | Listed for sale | $14,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $1350.48 | -2.15% | $60,000 | N/A |
| 2023-02-12 | $1380.18 | -9.67% | $60,000 | N/A |
| 2022-02-12 | $1527.99 | 91.64% | $60,000 | 100.00% |
Listed by: Alex Crawford • RE/MAX Trinity
Mls Name: NTREIS
Mls ID: #20829169
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.
