578 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
Rental property for sale in Grand Prairie at 578 E Avenue J APT A, Grand Prairie, TX, 75050 priced at $200,000 pairs $1,817/mo rent with $395/mo cash flow after a $979/mo payment. Total monthly income equals $1,817/mo, and annual cash flow comes to $4,736/yr on $66,300 invested. Return on cash invested is 27.05% in year one, and rental yield stands at 10.9% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 142.38% and total cumulative return in cash reaches $94,400. For financing, Ziffy Mortgage’s DSCR program evaluates $1,817/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1968
1,960 sqft lot
$N/A/sqft
No 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: Jordan Davis • Keller Williams Legacy
Mls Name: NTREIS
Mls ID: #21021849