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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% |
Rental property for sale in Irving at 1118 High School Ln, Irving, TX, 75060 generates $4,145/mo in rent and, after a $1,640/mo payment, leaves $1,762/mo in cash flow. Total monthly income is $4,145/mo, and annual cash flow is $21,149/yr on $111,053 invested. Return on cash invested sits at 38.95% in year one, and rental yield is 14.85% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 206.19% and total cumulative return in cash sums $228,980. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,145/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
9,975 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75060, Irving, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,299 (100%) |
| Owner Occupied HU | 9,132 (59.7%) |
| Renter Occupied HU | 5,541 (36.2%) |
| Vacant Housing Units | 626 ( 4.1%) |
| Median Home Value | $289,343 |
| Average Home Value | $365,158 |
Residential
15,375
Single Family
12,945
Multi-Family
2,430
Businesses
948
Date | Event | Price |
|---|---|---|
| 2024-08-26 | Price change | $335,000 |
| 2024-08-24 | Price change | $340,000 |
| 2024-08-17 | Listed for sale | $345,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2410.44 | -22.35% | $265,620 | N/A |
| 2022-08-30 | $3104.42 | 46.26% | $265,620 | 51.49% |
| 2021-08-30 | $2122.58 | -1.90% | $175,340 | N/A |
Listed by: Jeremy Davis • League Real Estate
Mls Name: NTREIS
Mls ID: #20705380
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.
