609 E Linda DrGarlandTX75041
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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 609 E Linda Dr, Garland, TX, 75041 priced at $275,000 converts $1,881/mo rent into after a $1,346/mo obligation. Total monthly income equals $1,881/mo. Return on cash invested prints 18.93% in year one, and rental yield reads 8.21% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 98.8% and total cumulative return in cash sums $90,071. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,881/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75041, Garland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,318 (100%) |
| Owner Occupied HU | 5,750 (55.7%) |
| Renter Occupied HU | 4,041 (39.2%) |
| Vacant Housing Units | 527 ( 5.1%) |
| Median Home Value | $279,595 |
| Average Home Value | $362,985 |
Housing Distribution
Address Breakdown
Residential
10,148
Single Family
7,936
Multi-Family
2,212
Businesses
1,438
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