2207 Fairfax DrIrvingTX75060
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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 2207 Fairfax Dr, Irving, TX, 75060 uses $99,450 cash to close to unlock $14,808/yr annual cash flow and $1,234/mo monthly cash flow. Total monthly income runs $3,367/mo, and a $1,468/mo payment keeps the spread at $1,234/mo. Purchase price stands at $300,000, and rental yield measures 13.47% with $3,367/mo rent. Return on cash invested shows 34.8% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 183.89% and total cumulative return in cash records $182,880. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,367/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1960
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75060, Irving, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,375
Single Family
12,945
Multi-Family
2,430
Businesses
948
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