6978 Draper LnGarlandTX75043
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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
Investment property for sale in Garland at 6978 Draper Ln, Garland, TX, 75043 uses $153,417 cash to close to unlock $13,036/yr annual cash flow and $1,086/mo monthly cash flow. Total monthly income runs $4,423/mo, and a $2,265/mo payment keeps the spread at $1,086/mo. Purchase price stands at $462,795, and rental yield measures 11.47% with $4,423/mo rent. Return on cash invested shows 28.41% in year one, and 5% annual appreciation builds toward $127,862 over five years. Five-year ROI reaches 149.76% and total cumulative return in cash records $229,755. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,423/mo property income covering a $2,265/mo payment rather than investor’s personal income.
Single Family
Built in 2025
7,187 sqft lot
$N/A/sqft
$550 annually 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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Listed by: Bryan Reasor • Jeanette Anderson Real Estate
Mls Name: NTREIS
Mls ID: #20796098
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.