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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% |
Rental property for sale in Grand Prairie at 726 SE 3rd St, Grand Prairie, TX, 75051 priced at $299,000 converts $3,389/mo rent into $1,263/mo cash flow after a $1,463/mo obligation. Total monthly income equals $3,389/mo, and annual cash flow totals $15,159/yr on $99,119 invested. Return on cash invested prints 35.2% in year one, and rental yield reads 13.6% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 186.09% and total cumulative return in cash sums $184,450. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,389/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1952
6,838 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75051, Grand Prairie, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,179 (100%) |
| Owner Occupied HU | 6,325 (48.0%) |
| Renter Occupied HU | 6,047 (45.9%) |
| Vacant Housing Units | 807 ( 6.1%) |
| Median Home Value | $228,777 |
| Average Home Value | $275,430 |
Residential
13,320
Single Family
9,857
Multi-Family
3,463
Businesses
1,218
Date | Event | Price |
|---|---|---|
| 2024-08-23 | Price change | $299,000 |
| 2024-08-15 | Price change | $310,000 |
| 2024-05-06 | Pending sale | $186,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $156.85 | -39.02% | $189,890 | N/A |
| 2022-08-30 | $257.23 | 10.55% | $189,890 | 45.01% |
| 2021-08-30 | $232.69 | 12.33% | $130,950 | 12.58% |
Listed by: Yanni Duran • Watkins Realty LLC
Mls Name: NTREIS
Mls ID: #20703971
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.
