228 Skystone DrIrvingTX75038
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 228 Skystone Dr, Irving, TX, 75038 priced at $649,999 pairs $4,235/mo rent with after a $3,181/mo payment. Total monthly income equals $4,235/mo. Return on cash invested is 17.89% in year one, and rental yield stands at 7.82% on a $649,999 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,583 by year five. Five-year ROI measures 93.21% and total cumulative return in cash reaches $199,333. For financing, Ziffy Mortgage’s DSCR program evaluates $4,235/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
3,179 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75038, Irving, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,170 (100%) |
| Owner Occupied HU | 2,599 (16.1%) |
| Renter Occupied HU | 12,462 (77.1%) |
| Vacant Housing Units | 1,109 ( 6.9%) |
| Median Home Value | $449,637 |
| Average Home Value | $569,322 |
Housing Distribution
Address Breakdown
Residential
14,593
Single Family
3,392
Multi-Family
11,201
Businesses
1,109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices