Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

...MORE

This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

1909 N Shiloh Rd Garland, TX 75042

3 Beds 2 Baths 2,616 sqft Built 1956
Last updated:  Oct 23, 2019

INVESTimate

$250,992

$225K - $277K

Price Est.

$1,882

$1.8K - $2.0K

Rent Est.

$283,295  ( +12.87%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 110 WAVERLY CIRCLE Abilene, TX
    • 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2005
    AVAILABLE
    • 18.22% GROSS YIELD
    • $11,081 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,670
  • 11726 GREENSBROOK FOREST DRIVE Houston, TX
    • 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 2003
    AVAILABLE
    • 15.88% GROSS YIELD
    • $4,163 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $89,900
    • $29,574
    • $1,190
  • 14409 CORRIDON AVE Maple Heights, OH
    • 3 beds 2 baths ∙ 1,134 Sqft ∙ Built 1952 3 beds 2 baths ∙ 1,134 Sqft ∙ Built 1952
    AVAILABLE
    • 15.21% GROSS YIELD
    • $4,485 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $71,000
    • $24,565
    • $900
  • 12914 Rockside Rd Garfield Heights, OH
    • 3 beds 2 baths ∙ 1,131 Sqft ∙ Built 1949 3 beds 2 baths ∙ 1,131 Sqft ∙ Built 1949
    AVAILABLE
    • 14.90% GROSS YIELD
    • $4,929 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $74,921
    • $25,604
    • $930

1909 N Shiloh Rd PROPERTY INFO

FACTS
  • Built In 1956
  • Price/Sqft : $95.94
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,616 sqft
  • Baths : 1 Full 1 Half

1909 N Shiloh Rd SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

GARLAND

  • 39,742

    POPULATION
  • 11,639

    HOUSEHOLDS
  • 38.9%

    WHITE COLLAR

Neighborhood : GARLAND

HOUSEHOLDS
11,639
POPULATION

39,742

49.5%Renters
50.5%Home Owners
LABOR FORCE

 

38.9%White Collar
61.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 28% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,882 per month.

MY RENT : $1,882 MEDIAN RENT : $1,421

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.5%
$1,000-1,499 71.8%
>=$1,500 27.7%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,882 would therefore be considered affordable for annual household incomes greater than $75,280 (12 months x 3.333 x $1,882).

Rent % Affordability
Above $500 81.9%
Above $700 70.2%
Above $1,100 49.0%
Above $1,500 34.4%
Above $1,900 23.9%
HOUSEHOLD INCOME RANGE

Approximately 2,046 of households in this neighborhood have a total annual income of $75,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,882 per month.

MINIMUM INCOME RANGE : $75,280

Income % Distribution
<$20K 18.1%
$20K-$35K 22.5%
$35K-$60K 25.1%
$60K-$100K 22.3%
>=$100K 12.1%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.9%
5-9 mins 7.3%
10-14 mins 9.6%
15-19 mins 13.9%
20-29 mins 23.5%
30-44 mins 29.6%
45-59 mins 8.1%
>60 mins 7.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 28% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,882 per month.

MY RENT : $1,882 MEDIAN RENT : $1,421

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.5%
$1,000-1,499 71.8%
>=$1,500 27.7%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,882 would therefore be considered affordable for annual household incomes greater than $75,280 (12 months x 3.333 x $1,882).

Rent % Affordability
Above $500 81.9%
Above $700 70.2%
Above $1,100 49.0%
Above $1,500 34.4%
Above $1,900 23.9%
HOUSEHOLD INCOME RANGE

Approximately 2,046 of households in this neighborhood have a total annual income of $75,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,882 per month.

MINIMUM INCOME RANGE : $75,280

Income % Distribution
<$20K 18.1%
$20K-$35K 22.5%
$35K-$60K 25.1%
$60K-$100K 22.3%
>=$100K 12.1%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.9%
5-9 mins 7.3%
10-14 mins 9.6%
15-19 mins 13.9%
20-29 mins 23.5%
30-44 mins 29.6%
45-59 mins 8.1%
>60 mins 7.0%

GARLAND Demographics

INDUSTRY

Industry % Distribution
Administrative Support 6.6%
Arts & Entertainment 10.8%
Construction 13.1%
Health Care & Social Assistance 8.2%
Manufacturing 12.8%
Retail & Wholesale Trader 16.5%
Other 32.0%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 40% is 24 or younger and 10% is 65 or older.

Age % Distribution
<15 25.0%
15-19 8.2%
20-24 7.1%
25-44 27.7%
45-65 21.8%
66+ 10.2%
OCCUPATION

Occupation % Distribution
Clean 7.3%
Education 6.2%
Management, Business, & Financial 7.5%
Natural Resources Maintenance 17.0%
Production & Transportation 20.5%
Sales & Office 21.9%
Other 19.5%
HIGHEST EDUCATION LEVEL

8% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.8%
High School 23.7%
Masters Degree 2.0%
Some College 21.0%
Some High School 37.7%
Other 10.8%

1909 N Shiloh Rd Comps

Sorry, we do not have sufficient data available.

1909 N Shiloh Rd, Garland, TX 75042 is a single family home of 2,616 sqft. HomeUnion INVESTimateĀ® for 1909 N Shiloh Rd includes a Price Estimate of $250,992 and a Rent Estimate of $1,882. This single family home has 3 bedrooms,2 bathrooms, and was built in 1956. This property has an estimated 15 year annualized Yield of 9.00% and Total Return of 39.66%. The estimated 1 year forecast in home value for 1909 N Shiloh Rd is 12.87%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , DALLAS County , or the 75042 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Shiloh N Rd

  1. 1450 N Shiloh Rd
  2. 1909 N Shiloh Rd

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Similar Investment Properties By List Price within 2 miles

No Properties available

Nearest zipcodes within 2 miles

No Zipcodes available