7615 Watercrest LnGrand 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 7615 Watercrest Ln, Grand Prairie, TX, 75054 generates $4,404/mo in rent and, after a $2,887/mo payment, leaves $209/mo in cash flow. Total monthly income is $4,404/mo, and annual cash flow is $2,513/yr on $194,077 invested. Return on cash invested sits at 21.35% in year one, and rental yield is 8.96% on a $589,900 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation builds toward $162,978 over five years. Five-year ROI reaches 111.8% and total cumulative return in cash sums $216,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,404/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
7,797 sqft lot
$N/A/sqft
No 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: Judi Wright • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20988471