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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% |
Rental property for sale in Garland at 1852 Place One Ln, Garland, TX, 75042 offers $2,441/mo rent that, after a $1,272/mo payment, leaves $468/mo cash flow. Total monthly income is $2,441/mo, and annual cash flow is $5,615/yr on $86,157 cash. Return on cash invested measures 26.43% in year one, and rental yield stands at 11.27% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 139.61% and total cumulative return in cash reaches $120,286. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,441/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1972
1,437 sqft lot
$N/A/sqft
$125 monthly HOA
Neighborhood data shown for ZIP Code: 75042, Garland, TX area.
| 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 |
Residential
12,644
Single Family
9,085
Multi-Family
3,559
Businesses
1,317
Date | Event | Price |
|---|---|---|
| 2024-11-30 | Price change | $259,900 |
| 2024-11-01 | Listed for sale | $269,000 |
| 2009-11-21 | Listing removed | $65,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $1118.58 | -2.23% | $209,830 | N/A |
| 2023-02-12 | $1144.10 | 31.62% | $209,830 | 39.92% |
| 2022-02-12 | $869.24 | -5.97% | $149,960 | N/A |
Listed by: Nebal Dabbakeh • Citiwide Alliance Realty
Mls Name: NTREIS
Mls ID: #20766291
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.
