7032 MiramarGrand 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 7032 Miramar, Grand Prairie, TX, 75054 uses $157,463 cash to close to unlock $9,217/yr annual cash flow and $768/mo monthly cash flow. Total monthly income runs $4,196/mo, and a $2,325/mo payment keeps the spread at $768/mo. Purchase price stands at $475,000, and rental yield measures 10.6% with $4,196/mo rent. Return on cash invested shows 25.76% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 135.6% and total cumulative return in cash records $213,523. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,196/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 2010
8,407 sqft lot
$N/A/sqft
$600 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: Clarissa Bush • 6th Ave Homes
Mls Name: NTREIS
Mls ID: #20887558
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.