626 Perdido 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 626 Perdido Dr, Garland, TX, 75043 priced at $364,900 pairs $3,208/mo rent with $613/mo cash flow after a $1,786/mo payment. Total monthly income equals $3,208/mo, and annual cash flow comes to $7,358/yr on $120,964 invested. Return on cash invested is 25.99% in year one, and rental yield stands at 10.55% on a $364,900 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,815 by year five. Five-year ROI measures 136.69% and total cumulative return in cash reaches $165,348. For financing, Ziffy Mortgage’s DSCR program evaluates $3,208/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
5,793 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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