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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 2813 Seminary Cir, Garland, TX, 75043 generates $4,854/mo in rent, after a $3,475/mo payment. Total monthly income is $4,854/mo. Return on cash invested sits at 19.06% in year one, and rental yield is 8.2% on a $710,000 entry. Equity gained on principal adds $4,582/yr, while 5% annual appreciation builds toward $196,160 over five years. Five-year ROI reaches 99.49% and total cumulative return in cash sums $232,391. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,854/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75043, Garland, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,240 (100%) |
| Owner Occupied HU | 13,880 (57.3%) |
| Renter Occupied HU | 9,044 (37.3%) |
| Vacant Housing Units | 1,316 ( 5.4%) |
| Median Home Value | $296,591 |
| Average Home Value | $346,299 |
Residential
24,006
Single Family
17,774
Multi-Family
6,232
Businesses
849
Date | Event | Price |
|---|---|---|
| 2024-12-14 | Price change | $710,000 |
| 2024-11-18 | Listed for sale | $725,000 |
| 2024-10-20 | Listing removed | $725,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $2158.11 | 7.55% | $600,720 | 30.58% |
| 2023-12-27 | $2006.63 | -5.93% | $460,030 | N/A |
| 2022-12-27 | $2133.23 | -3.11% | $460,030 | 3.04% |
Listed by: Andria Arceneaux • Orchard Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20751944
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.
