Grand Prairie, TX — Rental Investment Analysis
🟡MODERATE— average returnsCap Rate
5.4%
Below average
Monthly Cash Flow
-$245
After all expenses
Price-to-Rent
11.6
Investor-friendly
DSCR
0.84
Fails
📊 Key Metrics
- Median Home Price
- $301,350
- Average Rent (3BR)
- $2,245/mo
- Price-to-Rent Ratio
- 11.6(good)
- 1% Rule
- 0.72%(fails — need 1%+)
- Cash-on-Cash Return
- -4.5%
- Vacancy Rate
- 8.0%
📈 Market Strength
- Unemployment Rate
- 4.3%(0% vs national)
- Rent Growth (YoY)
- +2.9%(national avg)
- Population Growth
- +1.5% YoY
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →Property Tax Rate
1.68%
of assessed value (TX avg)
Median Income
$67,321
household (TX avg)
Rent-to-Income
40%
Stretched
Section 8 Max Rent
$2,245/mo
3BR voucher payment
🏛️ TX Investor Climate
Landlord Friendly
9/10
State Income Tax
✅ None
Property Tax
1.68% effective
Population Trend
+1.5% (3yr)
🏘️ Best Zip Codes in Grand Prairie for Investors
All Zip Codes in Grand Prairie
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 75050 | 5.8% | -$132 | $276,360 | $2,110/mo | 0.91 |
| 75050 | 5.8% | -$132 | $276,360 | $2,110/mo | 0.91 |
| 75052 | 5.5% | -$248 | $326,341 | $2,380/mo | 0.86 |
| 75052 | 5.5% | -$248 | $326,341 | $2,380/mo | 0.86 |
| 75051 | 5.2% | -$243 | $251,377 | $1,770/mo | 0.82 |
| 75051 | 5.2% | -$243 | $251,377 | $1,770/mo | 0.82 |
| 75054 | 4.7% | -$673 | $491,725 | $3,220/mo | 0.74 |
| 75054 | 4.7% | -$673 | $491,725 | $3,220/mo | 0.74 |