1513 Lakeside DrGarlandTX75042
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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 1513 Lakeside Dr, Garland, TX, 75042 earns $84/mo cash flow from $1,919/mo rent with a $1,263/mo payment. Total monthly income totals $1,919/mo, and annual cash flow totals $1,009/yr on $85,527 capital. ROI tracks 21.09% on current figures, and rental yield reads 8.93% at a $257,999 purchase. Equity gained on principal adds $1,665/yr, and 5% annual appreciation supports $71,280 over five years. Five-year ROI reaches 110.44% and total cumulative return in cash sums $94,453. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,919/mo property income instead of your personal income.
Single Family
Built in 1949
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75042, Garland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,512 (100%) |
| Owner Occupied HU | 6,874 (54.9%) |
| Renter Occupied HU | 5,088 (40.7%) |
| Vacant Housing Units | 550 ( 4.4%) |
| Median Home Value | $266,453 |
| Average Home Value | $335,285 |
Housing Distribution
Address Breakdown
Residential
12,644
Single Family
9,085
Multi-Family
3,559
Businesses
1,317
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