3034 Hillsdale LnGarlandTX75042
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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
Rental property for sale in Garland at 3034 Hillsdale Ln, Garland, TX, 75042 generates $3,024/mo in rent and, after a $1,781/mo payment, leaves $436/mo in cash flow. Total monthly income is $3,024/mo, and annual cash flow is $5,236/yr on $120,633 invested. Return on cash invested sits at 24.25% in year one, and rental yield is 9.97% on a $363,900 entry. Equity gained on principal adds $2,348/yr, while 5% annual appreciation builds toward $100,539 over five years. Five-year ROI reaches 127.35% and total cumulative return in cash sums $153,622. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,024/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75042, Garland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,512 (100%) |
| Owner Occupied HU | 6,874 (54.9%) |
| Renter Occupied HU | 5,088 (40.7%) |
| Vacant Housing Units | 550 ( 4.4%) |
| Median Home Value | $266,453 |
| Average Home Value | $335,285 |
Housing Distribution
Address Breakdown
Residential
12,644
Single Family
9,085
Multi-Family
3,559
Businesses
1,317
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Listed by: Khoa Nguyen • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20682160
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.