918 Garden DrGarlandTX75040
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
Investment property for sale in Garland at 918 Garden Dr, Garland, TX, 75040 listed at $219,500 pairs $2,165/mo rent with a $1,074/mo payment to leave $604/mo cash flow. Total monthly income runs $2,165/mo, and annual cash flow reaches $7,253/yr on $72,764 cash to close. Return on cash invested measures 29.88% in year one, and rental yield registers 11.84% at a $219,500 basis. Equity gained on principal adds $1,416/yr, and annual property appreciation at 5% supports $60,644 by year five. Five-year ROI tracks 157.53% and total cumulative return in cash totals $114,622. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,165/mo property income relative to a $1,074/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
8,145 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Krystal Arroyo • DFW Elite Living
Mls Name: NTREIS
Mls ID: #20982851
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.