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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% |
Investment property for sale in Grand Prairie at 827 Lindbergh Ln, Grand Prairie, TX, 75051 uses $91,163 cash to close to unlock $12,569/yr annual cash flow and $1,047/mo monthly cash flow. Total monthly income runs $3,228/mo, and a $1,346/mo payment keeps the spread at $1,047/mo. Purchase price stands at $275,000, and rental yield measures 14.09% with $3,228/mo rent. Return on cash invested shows 33.7% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 179.09% and total cumulative return in cash records $163,259. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,228/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Townhouse
Built in 2002
3,301 sqft lot
$N/A/sqft
$225 monthly 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 |
|---|---|---|
| 2024-07-02 | Listed for sale | $275,000 |
| 2024-05-28 | Pending sale | $275,000 |
| 2024-05-21 | Contingent | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $883.19 | -61.69% | $206,410 | N/A |
| 2022-08-13 | $2305.56 | 1.28% | $206,410 | 15.66% |
| 2021-08-13 | $2276.44 | 1.93% | $178,470 | 10.81% |
Listed by: Starling Oliver • Keller Williams Fort Worth
Mls Name: NTREIS
Mls ID: #20606716
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.
