2724 Garden Gate Ln #16WylieTX75098
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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 Wylie at 2724 Garden Gate Ln #16, Wylie, TX, 75098 listed at $395,000 pairs $2,772/mo rent with a $1,933/mo payment. Total monthly income runs $2,772/mo. Return on cash invested measures 19.57% in year one, and rental yield registers 8.42% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 102.26% and total cumulative return in cash totals $133,902. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,772/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2021
2,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75098, Wylie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,342 (100%) |
| Owner Occupied HU | 20,222 (79.8%) |
| Renter Occupied HU | 4,520 (17.8%) |
| Vacant Housing Units | 600 ( 2.4%) |
| Median Home Value | $465,315 |
| Average Home Value | $527,786 |
Housing Distribution
Address Breakdown
Residential
24,598
Single Family
21,952
Multi-Family
2,646
Businesses
1,460
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