2206 Clearspring Dr NIrvingTX75063
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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 2206 Clearspring Dr N, Irving, TX, 75063 generates $4,380/mo in rent, after a $7,440/mo payment. Total monthly income is $4,380/mo. Return on cash invested sits at 4.7% in year one, and rental yield is 3.46% on a $1,520,000 entry. Equity gained on principal adds $9,808/yr, while 5% annual appreciation builds toward $419,948 over five years. Five-year ROI reaches 22.44% and total cumulative return in cash sums $110,522. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,380/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
9,583 sqft lot
$N/A/sqft
No 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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