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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Garland at 1601 Dove Dr, Garland, TX, 75040 with 5% annual appreciation on a $314,999 basis while $2,306/mo rent supports operations. Total monthly income totals $2,306/mo and a $1,542/mo payment preserves $66/mo for cash returns. Annual cash flow comes to $789/yr on $104,422 deployed, and return on cash invested reaches 20.66% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,028 alongside rental yield of 8.78%. Five-year ROI measures 108.11% and total cumulative return in cash totals $112,889.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,306/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75040, Garland, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,195 (100%) |
| Owner Occupied HU | 14,352 (61.9%) |
| Renter Occupied HU | 7,552 (32.6%) |
| Vacant Housing Units | 1,291 ( 5.6%) |
| Median Home Value | $285,892 |
| Average Home Value | $325,620 |
Residential
21,790
Single Family
17,823
Multi-Family
3,967
Businesses
1,423
Date | Event | Price |
|---|---|---|
| 2025-09-16 | Listed for sale | $314,999 |
| 2025-08-05 | Listing removed | $334,000 |
| 2025-05-20 | Price change | $334,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-17 | $753.07 | 7.55% | $267,310 | 16.40% |
| 2023-09-17 | $700.22 | 3.47% | $229,650 | N/A |
| 2022-09-17 | $676.72 | 3.43% | $229,650 | 20.72% |
Listed by: Yanira Posada • Rendon Realty, LLC
Mls Name: NTREIS
Mls ID: #21062238
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.
