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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% |
Investment property for sale in Irving at 1902 Salem St, Irving, TX, 75061 at $290,000 posts ROI 29.17% with $742/mo cash flow from $2,804/mo rent. Total monthly income equals $2,804/mo, and annual cash flow records $8,906/yr on $96,135 to close. Return on cash invested measures 29.17% and rental yield reads 11.6% at the current $290,000. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 by year five. Five-year ROI prints 153.78% and total cumulative return in cash totals $147,832.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,804/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
9,104 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75061, Irving, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,151 (100%) |
| Owner Occupied HU | 7,404 (36.7%) |
| Renter Occupied HU | 11,654 (57.8%) |
| Vacant Housing Units | 1,093 ( 5.4%) |
| Median Home Value | $298,564 |
| Average Home Value | $319,555 |
Residential
20,127
Single Family
11,246
Multi-Family
8,881
Businesses
1,864
Date | Event | Price |
|---|---|---|
| 2024-08-01 | Price change | $290,000 |
| 2024-07-18 | Price change | $296,000 |
| 2024-07-04 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $1831.82 | 6.76% | $239,820 | N/A |
| 2022-10-18 | $1715.80 | 6.20% | $239,820 | 35.60% |
| 2021-10-18 | $1615.63 | 7.92% | $176,860 | 16.62% |
Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20665142
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.
