5502 Coronado DrGarlandTX75043
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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 5502 Coronado Dr, Garland, TX, 75043 priced at $345,200 converts $3,029/mo rent into $574/mo cash flow after a $1,690/mo obligation. Total monthly income equals $3,029/mo, and annual cash flow totals $6,886/yr on $114,434 invested. Return on cash invested prints 25.93% in year one, and rental yield reads 10.53% against a $345,200 entry. Equity gained on principal adds $2,228/yr, while 5% annual appreciation compiles into $95,372 by year five. Five-year ROI reaches 136.32% and total cumulative return in cash sums $155,995. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,029/mo property income covering a $1,690/mo payment, not borrower’s personal income.
Single Family
Built in 1983
10,628 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
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