929 SE 3rd StGrand PrairieTX75051
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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 929 SE 3rd St, Grand Prairie, TX, 75051 generates $2,047/mo in rent and, after a $1,128/mo payment, leaves $290/mo in cash flow. Total monthly income is $2,047/mo, and annual cash flow is $3,485/yr on $76,378 invested. Return on cash invested sits at 24.47% in year one, and rental yield is 10.66% on a $230,400 entry. Equity gained on principal adds $1,487/yr, while 5% annual appreciation builds toward $63,655 over five years. Five-year ROI reaches 129.24% and total cumulative return in cash sums $98,712. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,047/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
9,539 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75051, Grand Prairie, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,320
Single Family
9,857
Multi-Family
3,463
Businesses
1,218
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