2914 Sweet Gum StGarlandTX75044
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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 2914 Sweet Gum St, Garland, TX, 75044 uses $128,954 cash to close to unlock $1,797/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $2,916/mo, and a $1,904/mo payment keeps the spread at $150/mo. Purchase price stands at $389,000, and rental yield measures 9% with $2,916/mo rent. Return on cash invested shows 21.3% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 111.52% and total cumulative return in cash records $143,814. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,916/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Single Family
Built in 1977
7,056 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 Le • Mercedes Realtors
Mls Name: NTREIS
Mls ID: #21041047
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.