801-803 S 6th StGarlandTX75040
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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 801-803 S 6th St, Garland, TX, 75040 listed at $495,000 pairs $1,717/mo rent with a $2,423/mo payment. Total monthly income runs $1,717/mo. Return on cash invested measures 6.72% in year one, and rental yield registers 4.16% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 33.33% and total cumulative return in cash totals $54,694. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,717/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1975
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75040, Garland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,195 (100%) |
| Owner Occupied HU | 14,352 (61.9%) |
| Renter Occupied HU | 7,552 (32.6%) |
| Vacant Housing Units | 1,291 ( 5.6%) |
| Median Home Value | $285,892 |
| Average Home Value | $325,620 |
Housing Distribution
Address Breakdown
Residential
21,790
Single Family
17,823
Multi-Family
3,967
Businesses
1,423
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Listed by: Christopher Wright • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20821242
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.