1513 E Interstate Highway 30 APT 126GarlandTX75043
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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
Total monthly income runs $1,278/mo, and a $798/mo payment. Purchase price stands at $163,000, and rental yield measures 9.41% with $1,278/mo rent. Return on cash invested shows 15.37% in year one, and 5% annual appreciation builds toward $45,034 over five years. Five-year ROI reaches 82.36% and total cumulative return in cash records $44,503. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,278/mo property income covering a $798/mo payment rather than investor’s personal income.
Condo
Built in 1983
3.02 Acres lot
$N/A/sqft
$323 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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Listed by: Kevin Coco-Senyszyn • McCaw Property Management, LLC
Mls Name: NTREIS
Mls ID: #20884400
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.