3714 Downs WayGarlandTX75040
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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 3714 Downs Way, Garland, TX, 75040 priced at $379,000 converts $6,155/mo rent into $3,460/mo cash flow after a $1,855/mo obligation. Total monthly income equals $6,155/mo, and annual cash flow totals $41,519/yr on $125,639 invested. Return on cash invested prints 52.96% in year one, and rental yield reads 19.49% against a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation compiles into $104,711 by year five. Five-year ROI reaches 281.24% and total cumulative return in cash sums $353,351. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,155/mo property income covering a $1,855/mo payment, not borrower’s personal income.
Single Family
Built in 1980
7,244 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75040, Garland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,195 (100%) |
| Owner Occupied HU | 14,352 (61.9%) |
| Renter Occupied HU | 7,552 (32.6%) |
| Vacant Housing Units | 1,291 ( 5.6%) |
| Median Home Value | $285,892 |
| Average Home Value | $325,620 |
Housing Distribution
Address Breakdown
Residential
21,790
Single Family
17,823
Multi-Family
3,967
Businesses
1,423
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Listed by: Joseph Guerrero • MARK SPAIN REAL ESTATE
Mls Name: NTREIS
Mls ID: #20583028
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.