2244 Cambridge DrIrvingTX75061
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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 2244 Cambridge Dr, Irving, TX, 75061 priced at $329,900 converts $2,368/mo rent into $22/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,368/mo, and annual cash flow totals $261/yr on $109,362 invested. Return on cash invested prints 20.15% in year one, and rental yield reads 8.61% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 105.33% and total cumulative return in cash sums $115,191. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,368/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1954
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75061, Irving, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,127
Single Family
11,246
Multi-Family
8,881
Businesses
1,864
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Listed by: Rosy Cruz • Eagle One Realty LLC
Mls Name: NTREIS
Mls ID: #20915316
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.