1001 Sanderling DrGarlandTX75043
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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 Garland at 1001 Sanderling Dr, Garland, TX, 75043 generates $4,985/mo in rent and, after a $3,255/mo payment, leaves $224/mo in cash flow. Total monthly income is $4,985/mo, and annual cash flow is $2,686/yr on $218,785 invested. Return on cash invested sits at 21.29% in year one, and rental yield is 9% on a $665,000 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation builds toward $183,727 over five years. Five-year ROI reaches 111.48% and total cumulative return in cash sums $243,895. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,985/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
9,757 sqft lot
$N/A/sqft
$385 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75043, Garland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,240 (100%) |
| Owner Occupied HU | 13,880 (57.3%) |
| Renter Occupied HU | 9,044 (37.3%) |
| Vacant Housing Units | 1,316 ( 5.4%) |
| Median Home Value | $296,591 |
| Average Home Value | $346,299 |
Housing Distribution
Address Breakdown
Residential
24,006
Single Family
17,774
Multi-Family
6,232
Businesses
849
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Listed by: John Martellini • Texas Elite Realty
Mls Name: NTREIS
Mls ID: #20914976
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.