7029 Cedar Creek 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
Rental property for sale in Grand Prairie at 7029 Cedar Creek Dr, Grand Prairie, TX, 75054 generates $3,504/mo in rent and, after a $1,889/mo payment, leaves $759/mo in cash flow. Total monthly income is $3,504/mo, and annual cash flow is $9,113/yr on $127,956 invested. Return on cash invested sits at 27.03% in year one, and rental yield is 10.89% on a $385,990 entry. Equity gained on principal adds $2,491/yr, while 5% annual appreciation builds toward $106,642 over five years. Five-year ROI reaches 142.27% and total cumulative return in cash sums $182,037. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,504/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No 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: Tosha Flores • CB JENI Homes
Mls Name: CB Jeni Homes
Mls Provider:
Mls ID: #N/A