7010 Draper LnGarlandTX75043
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
Rental property for sale in Garland at 7010 Draper Ln, Garland, TX, 75043 offers $3,312/mo rent that, after a $2,108/mo payment, leaves $205/mo cash flow. Total monthly income is $3,312/mo, and annual cash flow is $2,457/yr on $142,739 cash. Return on cash invested measures 21.63% in year one, and rental yield stands at 9.23% at a $430,585 entry. Equity gained on principal adds $2,779/yr while 5% annual appreciation compounds into $118,963 by year five. Five-year ROI records 113.42% and total cumulative return in cash reaches $161,898. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,312/mo property income versus a $2,108/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Reasor • Jeanette Anderson Real Estate
Mls Name: NTREIS
Mls ID: #20860827
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.