Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2140 Evergreen Dr, Garland, TX, 75041 offers $2,377/mo rent that, after a $1,375/mo payment, leaves $379/mo cash flow. Total monthly income is $2,377/mo, and annual cash flow is $4,549/yr on $93,152 cash. Return on cash invested measures 24.79% in year one, and rental yield stands at 10.15% at a $281,000 entry. Equity gained on principal adds $1,813/yr while 5% annual appreciation compounds into $77,635 by year five. Five-year ROI records 130.28% and total cumulative return in cash reaches $121,355. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,377/mo property income versus a $1,375/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
9,583 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-01-30 | Price change | $281,000 |
| 2025-01-02 | Listed for sale | $282,000 |
| 2019-07-17 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $826.02 | 7.55% | $217,460 | 13.23% |
| 2023-02-12 | $768.04 | 3.47% | $192,060 | N/A |
| 2022-02-12 | $742.28 | 3.43% | $192,060 | 27.73% |
Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20807152
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.
