866 Sonora LnGrand PrairieTX75052
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 866 Sonora Ln, Grand Prairie, TX, 75052 offers $2,504/mo rent that, after a $1,615/mo payment, leaves $158/mo cash flow. Total monthly income is $2,504/mo, and annual cash flow is $1,890/yr on $109,395 cash. Return on cash invested measures 21.64% in year one, and rental yield stands at 9.11% at a $329,999 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 113.32% and total cumulative return in cash reaches $123,970. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,504/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
10,628 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75052, Grand Prairie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,311 (100%) |
| Owner Occupied HU | 20,639 (55.3%) |
| Renter Occupied HU | 14,628 (39.2%) |
| Vacant Housing Units | 2,044 ( 5.5%) |
| Median Home Value | $322,407 |
| Average Home Value | $361,514 |
Housing Distribution
Address Breakdown
Residential
35,886
Single Family
25,237
Multi-Family
10,649
Businesses
1,144
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Listed by: Roslyn Gauntt • C21 Fine Homes Judge Fite
Mls Name: NTREIS
Mls ID: #21080440