314 Rivercove DrGarlandTX75044
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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 314 Rivercove Dr, Garland, TX, 75044 earns $1,617/mo cash flow from $5,466/mo rent with a $2,643/mo payment. Total monthly income totals $5,466/mo, and annual cash flow totals $19,403/yr on $177,660 capital. ROI tracks 30.98% on current figures, and rental yield reads 12.15% at a $540,000 purchase. Equity gained on principal adds $3,485/yr, and 5% annual appreciation supports $149,192 over five years. Five-year ROI reaches 163.41% and total cumulative return in cash sums $290,318. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,466/mo property income instead of your personal income.
Single Family
Built in 1993
7,884 sqft lot
$N/A/sqft
$109 annually 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: Gwen Snider • JPAR - Plano
Mls Name: NTREIS
Mls ID: #20673401
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.