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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 2020 Salem St, Irving, TX, 75061 at $380,000 posts ROI 22.96% with $321/mo cash flow from $3,023/mo rent. Total monthly income equals $3,023/mo, and annual cash flow records $3,848/yr on $125,970 to close. Return on cash invested measures 22.96% and rental yield reads 9.55% at the current $380,000. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 by year five. Five-year ROI prints 120.44% and total cumulative return in cash totals $151,717.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,023/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
8,363 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 |
|---|---|---|
| 2025-03-27 | Listed for sale | $380,000 |
| 2019-12-21 | Listing removed | $208,000 |
| 2019-10-27 | Price change | $208,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-27 | $3187.17 | 2.25% | $304,080 | 10.66% |
| 2023-03-27 | $3117.18 | -2.94% | $274,800 | N/A |
| 2022-03-27 | $3211.72 | 30.69% | $274,800 | 35.36% |
Listed by: Diane Carpenter • 24:15 Realty
Mls Name: NTREIS
Mls ID: #20880107
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.
