909 NE 17th StGrand 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 909 NE 17th St, Grand Prairie, TX, 75050 generates $2,076/mo in rent and, after a $1,224/mo payment, leaves $298/mo in cash flow. Total monthly income is $2,076/mo, and annual cash flow is $3,574/yr on $82,875 invested. Return on cash invested sits at 24.22% in year one, and rental yield is 9.96% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 127.19% and total cumulative return in cash sums $105,406. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,076/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
6,534 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: Hander Peralta • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #21020352