Garland Plan, Meadow RunMelissaTX75454
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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 Melissa at Garland Plan, Meadow Run, Melissa, TX, 75454 uses $174,995 cash to close to unlock $19,847/yr annual cash flow and $1,654/mo monthly cash flow. Total monthly income runs $5,436/mo, and a $2,603/mo payment keeps the spread at $1,654/mo. Purchase price stands at $531,900, and rental yield measures 12.26% with $5,436/mo rent. Return on cash invested shows 31.4% in year one, and 5% annual appreciation builds toward $146,954 over five years. Five-year ROI reaches 165.65% and total cumulative return in cash records $289,875. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,436/mo property income covering a $2,603/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75454, Melissa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,378 (100%) |
| Owner Occupied HU | 7,662 (81.7%) |
| Renter Occupied HU | 1,094 (11.7%) |
| Vacant Housing Units | 622 ( 6.6%) |
| Median Home Value | $562,846 |
| Average Home Value | $591,690 |
Housing Distribution
Address Breakdown
Residential
7,880
Single Family
7,524
Multi-Family
356
Businesses
319
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