ZIP CODE 75040 // DALLAS-FORT WORTH-ARLINGTON, TX // DATA AS OF 2026-09-30
Garland, TX (75040) Rental Property Cap Rate & Cash Flow Report
Located in Dallas County (Garland, TX), Zip Code 75040 ranks #50 of 500 within this selected sample (90th percentile) with a Zillow ZHVI typical home-value index of $270,233 (-3.6% YoY) and a ZORI observed market rent of $1,832/mo (-1.6% YoY). Requires at least 32.7% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$216/mo
Annual: -$2,594/yr
Modeled Cap Rate
5.11%
NOI: $13,803/yr
Cash-on-Cash Return
-4.17%
Cash Needed: $62,154
1% Rule Ratio
0.68%
Gross Yield: 8.14%
Break-Even Rent
$2,080/mo
State Tax: 1.47%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 75040 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (TX Avg 1.47%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,366/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$682/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (75040)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $238,188 | $1,629/mo | 8.21% |
| 2022 | $294,070 | $1,827/mo | 7.46% |
| 2023 | $292,619 | $1,815/mo | 7.44% |
| 2024 | $296,955 | $1,827/mo | 7.38% |
| 2025 | $280,426 | $1,861/mo | 7.96% |
| 2026 | $270,233 | $1,832/mo | 8.14% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 75126 Forney, TX | $306,043 | $2,085/mo | 5.14% | -$236/mo |
| 79938 El Paso, TX | $256,135 | $1,747/mo | 5.15% | -$196/mo |
| 77449 Katy, TX | $264,942 | $1,809/mo | 5.16% | -$201/mo |
| 79924 El Paso, TX | $194,573 | $1,331/mo | 5.17% | -$145/mo |
| 78572 Mission, TX | $193,376 | $1,327/mo | 5.19% | -$141/mo |
| 79928 El Paso, TX | $262,067 | $1,808/mo | 5.23% | -$182/mo |