2410 Hedgeway CirGarlandTX75044
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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 2410 Hedgeway Cir, Garland, TX, 75044 priced at $407,900 converts $2,892/mo rent into after a $1,996/mo obligation. Total monthly income equals $2,892/mo. Return on cash invested prints 19.84% in year one, and rental yield reads 8.51% against a $407,900 entry. Equity gained on principal adds $2,632/yr, while 5% annual appreciation compiles into $112,695 by year five. Five-year ROI reaches 103.65% and total cumulative return in cash sums $140,160. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,892/mo property income covering a $1,996/mo payment, not borrower’s personal income.
Single Family
Built in 1987
8,145 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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Listed by: Kevin Nguyen • Ready Real Estate
Mls Name: NTREIS
Mls ID: #20928037
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.