3106 Castle Rock LnGarlandTX75044
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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 3106 Castle Rock Ln, Garland, TX, 75044 listed at $375,900 pairs $3,984/mo rent with a $1,840/mo payment to leave $1,311/mo cash flow. Total monthly income runs $3,984/mo, and annual cash flow reaches $15,729/yr on $124,611 cash to close. Return on cash invested measures 32.53% in year one, and rental yield registers 12.72% at a $375,900 basis. Equity gained on principal adds $2,426/yr, and annual property appreciation at 5% supports $103,854 by year five. Five-year ROI tracks 171.74% and total cumulative return in cash totals $214,005. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,984/mo property income relative to a $1,840/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
7,361 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: Tekle H Berhane • The Michael Group
Mls Name: NTREIS
Mls ID: #20686594
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.