2901 Garrison Dr, Melissa, TX, 75454 | 6.67% Rental Yield

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,330/mo, and a $2,932/mo payment. Purchase price stands at $599,000, and rental yield measures 6.67% with $3,330/mo rent. Return on cash invested shows 14.4% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 74.49% and total cumulative return in cash records $146,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,330/mo property income covering a $2,932/mo payment rather than investor’s personal income.

Single Family

Built in 2021

7,187 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 75454, Melissa, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,378 (100%)
Owner Occupied HU	7,662 (81.7%)
Renter Occupied HU	1,094 (11.7%)
Vacant Housing Units	622 ( 6.6%)
Median Home Value	$562,846
Average Home Value	$591,690