2837 Dove Meadow DrGarlandTX75043
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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 2837 Dove Meadow Dr, Garland, TX, 75043 listed at $387,800 pairs $2,968/mo rent with a $1,898/mo payment to leave $210/mo cash flow. Total monthly income runs $2,968/mo, and annual cash flow reaches $2,524/yr on $128,556 cash to close. Return on cash invested measures 21.87% in year one, and rental yield registers 9.18% at a $387,800 basis. Equity gained on principal adds $2,502/yr, and annual property appreciation at 5% supports $107,142 by year five. Five-year ROI tracks 114.6% and total cumulative return in cash totals $147,326. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,968/mo property income relative to a $1,898/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
7,434 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75043, Garland, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
24,006
Single Family
17,774
Multi-Family
6,232
Businesses
849
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