2218 Overview LnGarlandTX75044
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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
Rental property for sale in Garland at 2218 Overview Ln, Garland, TX, 75044 generates $2,531/mo in rent and, after a $1,542/mo payment, leaves $291/mo in cash flow. Total monthly income is $2,531/mo, and annual cash flow is $3,489/yr on $104,422 invested. Return on cash invested sits at 23.25% in year one, and rental yield is 9.64% on a $314,999 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,028 over five years. Five-year ROI reaches 121.97% and total cumulative return in cash sums $127,361. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,531/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
4,486 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
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