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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% |
Rental property for sale in Irving at 1928 Ruby Rd, Irving, TX, 75060 offers $2,532/mo rent that, after a $1,591/mo payment, leaves $221/mo cash flow. Total monthly income is $2,532/mo, and annual cash flow is $2,647/yr on $107,738 cash. Return on cash invested measures 22.37% in year one, and rental yield stands at 9.35% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 117.24% and total cumulative return in cash reaches $126,313. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,532/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
8,433 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75060, Irving, TX area.
| 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 |
Residential
15,375
Single Family
12,945
Multi-Family
2,430
Businesses
948
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $1390.29 | -34.54% | $266,740 | 17.43% |
| 2022-10-18 | $2123.84 | 6.14% | $227,150 | 9.94% |
| 2021-10-18 | $2000.91 | 1.27% | $206,610 | N/A |
Listed by: Stephanie Salas • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20744640
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.
