2018 Vail DrGarlandTX75044
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Garland at 2018 Vail Dr, Garland, TX, 75044 generates $3,220/mo in rent and, after a $1,745/mo payment, leaves $685/mo in cash flow. Total monthly income is $3,220/mo, and annual cash flow is $8,217/yr on $118,180 invested. Return on cash invested sits at 26.86% in year one, and rental yield is 10.84% on a $356,500 entry. Equity gained on principal adds $2,300/yr, while 5% annual appreciation builds toward $98,494 over five years. Five-year ROI reaches 141.34% and total cumulative return in cash sums $167,031. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,220/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
7,318 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75044, Garland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,272 (100%) |
| Owner Occupied HU | 10,556 (52.1%) |
| Renter Occupied HU | 8,802 (43.4%) |
| Vacant Housing Units | 914 ( 4.5%) |
| Median Home Value | $334,236 |
| Average Home Value | $376,297 |
Housing Distribution
Address Breakdown
Residential
18,523
Single Family
12,604
Multi-Family
5,919
Businesses
422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shuai Ren • Mersal Realty
Mls Name: NTREIS
Mls ID: #20969236
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.