1122 Edwards Ct SIrvingTX75062
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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
Rental property for sale in Irving at 1122 Edwards Ct S, Irving, TX, 75062 generates $3,863/mo in rent and, after a $2,447/mo payment, leaves $308/mo in cash flow. Total monthly income is $3,863/mo, and annual cash flow is $3,692/yr on $165,747 invested. Return on cash invested sits at 22.14% in year one, and rental yield is 9.27% on a $499,990 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,138 over five years. Five-year ROI reaches 115.99% and total cumulative return in cash sums $192,257. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,863/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
9,104 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75062, Irving, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,358 (100%) |
| Owner Occupied HU | 7,630 (44.0%) |
| Renter Occupied HU | 8,916 (51.4%) |
| Vacant Housing Units | 812 ( 4.7%) |
| Median Home Value | $290,436 |
| Average Home Value | $374,303 |
Housing Distribution
Address Breakdown
Residential
18,373
Single Family
10,301
Multi-Family
8,072
Businesses
1,890
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