2309 Arrowcrest CtGarlandTX75044
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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 2309 Arrowcrest Ct, Garland, TX, 75044 uses $124,313 cash to close to unlock $5,013/yr annual cash flow and $418/mo monthly cash flow. Total monthly income runs $3,084/mo, and a $1,835/mo payment keeps the spread at $418/mo. Purchase price stands at $375,000, and rental yield measures 9.87% with $3,084/mo rent. Return on cash invested shows 23.94% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 125.68% and total cumulative return in cash records $156,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,084/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.27 Acres 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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Listed by: Elizabeth Snowden • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #21050623
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.