418 Clover LnGarlandTX75043
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 418 Clover Ln, Garland, TX, 75043 generates $1,868/mo in rent and, after a $1,273/mo payment, leaves $19/mo in cash flow. Total monthly income is $1,868/mo, and annual cash flow is $224/yr on $86,190 invested. Return on cash invested sits at 20.17% in year one, and rental yield is 8.62% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 105.46% and total cumulative return in cash sums $90,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,868/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
7,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75043, Garland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,240 (100%) |
| Owner Occupied HU | 13,880 (57.3%) |
| Renter Occupied HU | 9,044 (37.3%) |
| Vacant Housing Units | 1,316 ( 5.4%) |
| Median Home Value | $296,591 |
| Average Home Value | $346,299 |
Housing Distribution
Address Breakdown
Residential
24,006
Single Family
17,774
Multi-Family
6,232
Businesses
849
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edson Fagbemi • Ace Realty
Mls Name: NTREIS
Mls ID: #21017869
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.