1505 Spring Hollow LnGarlandTX75043
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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
Investment property for sale in Garland at 1505 Spring Hollow Ln, Garland, TX, 75043 offers a 11.77% rental yield on a $335,300 purchase with $3,290/mo rent. Total monthly income registers $3,290/mo, and a $1,641/mo payment leaves $866/mo available for distribution. Annual cash flow reaches $10,389/yr on $111,152 to close, and return on cash invested stands at 29.26% in year one. Equity gained on principal adds $2,164/yr while 5% annual appreciation supports $92,637 over five years. Portfolio math shows five-year ROI at 154.32% and total cumulative return in cash at $171,535. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,290/mo property income against a $1,641/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.25 Acres lot
$N/A/sqft
$40 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
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