1422 Gardenia StIrvingTX75063
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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 1422 Gardenia St, Irving, TX, 75063 offers $6,833/mo rent that, after a $3,670/mo payment, leaves $1,394/mo cash flow. Total monthly income is $6,833/mo, and annual cash flow is $16,731/yr on $246,717 cash. Return on cash invested measures 26.84% in year one, and rental yield stands at 10.93% at a $749,900 entry. Equity gained on principal adds $4,839/yr while 5% annual appreciation compounds into $207,184 by year five. Five-year ROI records 141.4% and total cumulative return in cash reaches $348,862. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,833/mo property income versus a $3,670/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
7,797 sqft lot
$N/A/sqft
$1,278 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75063, Irving, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,686 (100%) |
| Owner Occupied HU | 7,433 (37.8%) |
| Renter Occupied HU | 11,195 (56.9%) |
| Vacant Housing Units | 1,058 ( 5.4%) |
| Median Home Value | $491,967 |
| Average Home Value | $531,117 |
Housing Distribution
Address Breakdown
Residential
19,062
Single Family
8,244
Multi-Family
10,818
Businesses
1,639
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Listed by: Rohit Singh • Keller Williams DFW Preferred
Mls Name: NTREIS
Mls ID: #20704675
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.