1417 Meyers RdIrvingTX75060
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1417 Meyers Rd, Irving, TX, 75060 priced at $600,000 pairs $3,904/mo rent with after a $2,937/mo payment. Total monthly income equals $3,904/mo. Return on cash invested is 17.85% in year one, and rental yield stands at 7.81% on a $600,000 basis. Equity gained on principal adds $3,872/yr, and 5% annual appreciation accumulates to $165,769 by year five. Five-year ROI measures 93% and total cumulative return in cash reaches $183,576. For financing, Ziffy Mortgage’s DSCR program evaluates $3,904/mo property income against a $2,937/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75060, Irving, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,375
Single Family
12,945
Multi-Family
2,430
Businesses
948
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Monica Johnson • Three Trees Realty
Mls Name: NTREIS
Mls ID: #20767168
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.