428 Rustic Ridge DrGarlandTX75040
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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 428 Rustic Ridge Dr, Garland, TX, 75040 priced at $482,500 converts $4,205/mo rent into $773/mo cash flow after a $2,362/mo obligation. Total monthly income equals $4,205/mo, and annual cash flow totals $9,282/yr on $159,949 invested. Return on cash invested prints 25.71% in year one, and rental yield reads 10.46% against a $482,500 entry. Equity gained on principal adds $3,114/yr, while 5% annual appreciation compiles into $133,306 by year five. Five-year ROI reaches 135.18% and total cumulative return in cash sums $216,213. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,205/mo property income covering a $2,362/mo payment, not borrower’s personal income.
Single Family
Built in 1979
9,365 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: Thad Escalante-Brown • Compass RE Texas, LLC.
Mls Name: NTREIS
Mls ID: #20700964
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.