Conrad Plan, Lake Ridge CommonsGrand PrairieTX75054
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 Conrad Plan, Lake Ridge Commons, Grand Prairie, TX, 75054 generates $4,837/mo in rent and, after a $1,664/mo payment, leaves $2,419/mo in cash flow. Total monthly income is $4,837/mo, and annual cash flow is $29,032/yr on $112,707 invested. Return on cash invested sits at 45.67% in year one, and rental yield is 17.07% on a $339,990 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,933 over five years. Five-year ROI reaches 242.21% and total cumulative return in cash sums $272,991. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,837/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tosha Flores • CB JENI Homes
Mls Name: CB Jeni Homes
Mls Provider:
Mls ID: #N/A