742 Austrian RdGrand PrairieTX75050
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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 742 Austrian Rd, Grand Prairie, TX, 75050 priced at $480,000 converts $4,258/mo rent into $845/mo cash flow after a $2,349/mo obligation. Total monthly income equals $4,258/mo, and annual cash flow totals $10,140/yr on $159,120 invested. Return on cash invested prints 26.28% in year one, and rental yield reads 10.64% against a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,615 by year five. Five-year ROI reaches 138.21% and total cumulative return in cash sums $219,917. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,258/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 1962
10,759 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75050, Grand Prairie, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,569
Single Family
9,012
Multi-Family
7,557
Businesses
2,073
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Listed by: Daniel Alvarez • Homebody RE, LLC
Mls Name: NTREIS
Mls ID: #20980299