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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Garland at 1004 Edgefield Dr, Garland, TX, 75040 earns $576/mo cash flow from $2,446/mo rent with a $1,287/mo payment. Total monthly income totals $2,446/mo, and annual cash flow totals $6,912/yr on $87,185 capital. ROI tracks 27.84% on current figures, and rental yield reads 11.16% at a $263,000 purchase. Equity gained on principal adds $1,697/yr, and 5% annual appreciation supports $72,662 over five years. Five-year ROI reaches 146.63% and total cumulative return in cash sums $127,835. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,446/mo property income instead of your personal income.
Single Family
Built in 1949
8,755 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75040, Garland, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,195 (100%) |
| Owner Occupied HU | 14,352 (61.9%) |
| Renter Occupied HU | 7,552 (32.6%) |
| Vacant Housing Units | 1,291 ( 5.6%) |
| Median Home Value | $285,892 |
| Average Home Value | $325,620 |
Residential
21,790
Single Family
17,823
Multi-Family
3,967
Businesses
1,423
Date | Event | Price |
|---|---|---|
| 2023-09-08 | Listing removed | N/A |
| 2023-08-01 | Price change | $320,000 |
| 2023-06-07 | Listed for sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $1386.32 | 17.33% | $263,110 | 21.41% |
| 2023-07-01 | $1181.60 | -5.93% | $216,710 | N/A |
| 2022-07-01 | $1256.14 | 189.75% | $216,710 | 26.02% |
Listed by: Walter Garcia • Only 1 Realty Group LLC
Mls Name: NTREIS
Mls ID: #20987199
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.
