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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Garland at 918 Lesa Ln, Garland, TX, 75042 listed at $359,999 pairs $2,908/mo rent with a $1,762/mo payment to leave $348/mo cash flow. Total monthly income runs $2,908/mo, and annual cash flow reaches $4,176/yr on $119,340 cash to close. Return on cash invested measures 23.41% in year one, and rental yield registers 9.69% at a $359,999 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,461 by year five. Five-year ROI tracks 122.8% and total cumulative return in cash totals $146,553. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,908/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75042, Garland, TX area.
| 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 |
Residential
12,644
Single Family
9,085
Multi-Family
3,559
Businesses
1,317
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Steven Lam • Tiffany Realty LLC
Mls Name: NTREIS
Mls ID: #21110965
