1921 Castle DrGarlandTX75040
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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 1921 Castle Dr, Garland, TX, 75040 with 5% annual appreciation on a $305,000 basis while $2,417/mo rent supports operations. Total monthly income totals $2,417/mo and a $1,493/mo payment preserves $248/mo for cash returns. Annual cash flow comes to $2,975/yr on $101,108 deployed, and return on cash invested reaches 22.85% in year one. Equity gained on principal adds $1,968/yr, and five-year appreciation sums $84,266 alongside rental yield of 9.51%. Five-year ROI measures 119.83% and total cumulative return in cash totals $121,162.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,417/mo property income versus a $1,493/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75040, Garland, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
21,790
Single Family
17,823
Multi-Family
3,967
Businesses
1,423
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Listed by: Olivia Izaguirre • Decorative Real Estate
Mls Name: NTREIS
Mls ID: #20834137
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.