121 Erling LnIrvingTX75039
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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 121 Erling Ln, Irving, TX, 75039 priced at $825,000 converts $5,628/mo rent into after a $4,038/mo obligation. Total monthly income equals $5,628/mo. Return on cash invested prints 18.82% in year one, and rental yield reads 8.19% against a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation compiles into $227,932 by year five. Five-year ROI reaches 98.26% and total cumulative return in cash sums $266,697. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,628/mo property income covering a $4,038/mo payment, not borrower’s personal income.
Single Family
Built in 2018
7,013 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75039, Irving, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,581 (100%) |
| Owner Occupied HU | 2,577 (15.5%) |
| Renter Occupied HU | 11,702 (70.6%) |
| Vacant Housing Units | 2,302 (13.9%) |
| Median Home Value | $572,425 |
| Average Home Value | $610,090 |
Housing Distribution
Address Breakdown
Residential
15,244
Single Family
2,781
Multi-Family
12,463
Businesses
782
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Listed by: Laurie Kane • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #20980968
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.