1513 E Interstate 30 APT 232GarlandTX75043
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
Total monthly income runs $1,028/mo, and a $636/mo payment. Purchase price stands at $130,000, and rental yield measures 9.49% with $1,028/mo rent. Return on cash invested shows 14.03% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 75.72% and total cumulative return in cash records $32,631. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,028/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 1983
3.02 Acres lot
$N/A/sqft
$315 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: Christie Cannon • Keller Williams Frisco Stars
Mls Name: NTREIS
Mls ID: #21031989
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.