6954 Eastlake DrGrand PrairieTX75054
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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 6954 Eastlake Dr, Grand Prairie, TX, 75054 uses $213,817 cash to close to unlock $33,707/yr annual cash flow and $2,809/mo monthly cash flow. Total monthly income runs $7,493/mo, and a $3,181/mo payment keeps the spread at $2,809/mo. Purchase price stands at $649,900, and rental yield measures 13.84% with $7,493/mo rent. Return on cash invested shows 35.82% in year one, and 5% annual appreciation builds toward $179,555 over five years. Five-year ROI reaches 189.5% and total cumulative return in cash records $405,174. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,493/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75054, Grand Prairie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,871 (100%) |
| Owner Occupied HU | 4,774 (81.3%) |
| Renter Occupied HU | 957 (16.3%) |
| Vacant Housing Units | 140 ( 2.4%) |
| Median Home Value | $446,307 |
| Average Home Value | $471,322 |
Housing Distribution
Address Breakdown
Residential
5,920
Single Family
4,747
Multi-Family
1,173
Businesses
440
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Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20672124
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.