517 McDivitt DrGarlandTX75040
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
Investment property for sale in Garland at 517 McDivitt Dr, Garland, TX, 75040 at $267,980 posts ROI 28.34% with $624/mo cash flow from $2,530/mo rent. Total monthly income equals $2,530/mo, and annual cash flow records $7,488/yr on $88,835 to close. Return on cash invested measures 28.34% and rental yield reads 11.33% at the current $267,980. Equity gained on principal adds $1,729/yr, and 5% annual appreciation supports $74,038 by year five. Five-year ROI prints 149.24% and total cumulative return in cash totals $132,579.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,530/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
7,840 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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