2015 Cartwright StIrvingTX75062
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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
Investment property for sale in Irving at 2015 Cartwright St, Irving, TX, 75062 uses $49,725 cash to close to unlock $1,650/yr annual cash flow and $138/mo monthly cash flow. Total monthly income runs $1,204/mo, and a $734/mo payment keeps the spread at $138/mo. Purchase price stands at $150,000, and rental yield measures 9.63% with $1,204/mo rent. Return on cash invested shows 23.23% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 121.91% and total cumulative return in cash records $60,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,204/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1959
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75062, Irving, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,358 (100%) |
| Owner Occupied HU | 7,630 (44.0%) |
| Renter Occupied HU | 8,916 (51.4%) |
| Vacant Housing Units | 812 ( 4.7%) |
| Median Home Value | $290,436 |
| Average Home Value | $374,303 |
Housing Distribution
Address Breakdown
Residential
18,373
Single Family
10,301
Multi-Family
8,072
Businesses
1,890
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Listed by: Diana Smith • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20996339
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.