7119 Buchanan 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 7119 Buchanan Dr, Grand Prairie, TX, 75054 generates $3,458/mo in rent and, after a $1,908/mo payment, leaves $312/mo in cash flow. Total monthly income is $3,458/mo, and annual cash flow is $3,743/yr on $129,252 invested. Return on cash invested sits at 22.8% in year one, and rental yield is 10.64% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 120.83% and total cumulative return in cash sums $156,169. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,458/mo property income rather than buyer’s personal income.
Townhouse
Built in 2023
3,049 sqft lot
$N/A/sqft
$290 monthly 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: Robert Blackman • Solvent Realty Group
Mls Name: NTREIS
Mls ID: #20983172
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.