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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 2009 Hollow Way, Garland, TX, 75041 priced at $515,000 pairs $4,001/mo rent with $308/mo cash flow after a $2,521/mo payment. Total monthly income equals $4,001/mo, and annual cash flow comes to $3,701/yr on $169,435 invested. Return on cash invested is 22.24% in year one, and rental yield stands at 9.32% on a $515,000 basis. Equity gained on principal adds $3,323/yr, and 5% annual appreciation accumulates to $142,285 by year five. Five-year ROI measures 116.64% and total cumulative return in cash reaches $197,629. For financing, Ziffy Mortgage’s DSCR program evaluates $4,001/mo property income against a $2,521/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
6,795 sqft lot
$N/A/sqft
$360 annually HOA
Neighborhood data shown for ZIP Code: 75041, Garland, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,318 (100%) |
| Owner Occupied HU | 5,750 (55.7%) |
| Renter Occupied HU | 4,041 (39.2%) |
| Vacant Housing Units | 527 ( 5.1%) |
| Median Home Value | $279,595 |
| Average Home Value | $362,985 |
Residential
10,148
Single Family
7,936
Multi-Family
2,212
Businesses
1,438
Date | Event | Price |
|---|---|---|
| 2024-10-28 | Listed for sale | $515,000 |
| 2024-09-30 | Listing removed | $515,000 |
| 2024-09-18 | Price change | $515,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $2585.21 | 17.33% | $591,220 | 46.30% |
| 2023-12-27 | $2203.45 | -5.93% | $404,120 | N/A |
| 2022-12-27 | $2342.45 | 18.71% | $404,120 | 26.25% |
Listed by: Deandra Esquivel • Ultima Real Estate
Mls Name: NTREIS
Mls ID: #20764547
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.
