1004 Woburn DrGarlandTX75043
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 Garland at 1004 Woburn Dr, Garland, TX, 75043 priced at $198,000 pairs $1,728/mo rent with after a $969/mo payment. Total monthly income equals $1,728/mo. Return on cash invested is 19.23% in year one, and rental yield stands at 10.47% on a $198,000 basis. Equity gained on principal adds $1,278/yr, and 5% annual appreciation accumulates to $54,704 by year five. Five-year ROI measures 102.86% and total cumulative return in cash reaches $67,516. For financing, Ziffy Mortgage’s DSCR program evaluates $1,728/mo property income against a $969/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1984
4.66 Acres lot
$N/A/sqft
$357 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Collier • Golden Realty Group LLC
Mls Name: NTREIS
Mls ID: #20790729
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.