706 Bradfield DrGarlandTX75042
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 706 Bradfield Dr, Garland, TX, 75042 priced at $369,000 converts $5,046/mo rent into $2,422/mo cash flow after a $1,806/mo obligation. Total monthly income equals $5,046/mo, and annual cash flow totals $29,065/yr on $122,324 invested. Return on cash invested prints 43.67% in year one, and rental yield reads 16.41% against a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation compiles into $101,948 by year five. Five-year ROI reaches 231.5% and total cumulative return in cash sums $283,179. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,046/mo property income covering a $1,806/mo payment, not borrower’s personal income.
Single Family
Built in 1970
8,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75042, Garland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,512 (100%) |
| Owner Occupied HU | 6,874 (54.9%) |
| Renter Occupied HU | 5,088 (40.7%) |
| Vacant Housing Units | 550 ( 4.4%) |
| Median Home Value | $266,453 |
| Average Home Value | $335,285 |
Housing Distribution
Address Breakdown
Residential
12,644
Single Family
9,085
Multi-Family
3,559
Businesses
1,317
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Merritt • East Plano Realty, LLC
Mls Name: NTREIS
Mls ID: #20627827
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.