3602 Edgewood DrGarlandTX75042
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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 3602 Edgewood Dr, Garland, TX, 75042 priced at $299,500 pairs $2,136/mo rent with $6/mo cash flow after a $1,466/mo payment. Total monthly income equals $2,136/mo, and annual cash flow comes to $73/yr on $99,284 invested. Return on cash invested is 19.98% in year one, and rental yield stands at 8.56% on a $299,500 basis. Equity gained on principal adds $1,933/yr, and 5% annual appreciation accumulates to $82,746 by year five. Five-year ROI measures 104.49% and total cumulative return in cash reaches $103,739. For financing, Ziffy Mortgage’s DSCR program evaluates $2,136/mo property income against a $1,466/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
7,187 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: Shannon Brownstein • Monument Realty
Mls Name: NTREIS
Mls ID: #20871860
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.