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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% |
Investment property for sale in Grand Prairie at 704 Turner Blvd, Grand Prairie, TX, 75050 listed at $399,900 pairs $3,793/mo rent with a $1,957/mo payment to leave $950/mo cash flow. Total monthly income runs $3,793/mo, and annual cash flow reaches $11,395/yr on $132,567 cash to close. Return on cash invested measures 28.5% in year one, and rental yield registers 11.38% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 150.15% and total cumulative return in cash totals $199,052. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,793/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
8,450 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 |
|---|---|---|
| 2024-08-07 | Price change | $399,900 |
| 2024-07-28 | Listed for sale | $409,900 |
| 2024-04-26 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $5313.45 | -9.67% | $230,990 | N/A |
| 2022-08-13 | $5882.49 | 6.66% | $230,990 | 11.32% |
| 2021-08-13 | $5515.11 | -5.74% | $207,510 | N/A |
Listed by: Kristen Jackson • Bray Real Estate Group- Dallas
Mls Name: NTREIS
Mls ID: #20687145
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.
