7636 Town Lake DrGrand PrairieTX75054
Nearby investment properties with comparable rents
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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
Investment property for sale in Grand Prairie at 7636 Town Lake Dr, Grand Prairie, TX, 75054 earns $521/mo cash flow from $4,048/mo rent with a $2,393/mo payment. Total monthly income totals $4,048/mo, and annual cash flow totals $6,253/yr on $162,104 capital. ROI tracks 23.77% on current figures, and rental yield reads 9.93% at a $489,000 purchase. Equity gained on principal adds $3,155/yr, and 5% annual appreciation supports $135,102 over five years. Five-year ROI reaches 124.89% and total cumulative return in cash sums $202,450. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,048/mo property income instead of your personal income.
Single Family
Built in 2015
8,363 sqft lot
$N/A/sqft
$600 annually 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: Kathy Lakatta • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20955814
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.