2316 Cunningham StIrvingTX75062
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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 2316 Cunningham St, Irving, TX, 75062 generates $2,735/mo in rent and, after a $1,468/mo payment, leaves $602/mo in cash flow. Total monthly income is $2,735/mo, and annual cash flow is $7,224/yr on $99,447 invested. Return on cash invested sits at 27.17% in year one, and rental yield is 10.94% on a $299,990 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,882 over five years. Five-year ROI reaches 143.05% and total cumulative return in cash sums $142,257. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,735/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75062, Irving, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,358 (100%) |
| Owner Occupied HU | 7,630 (44.0%) |
| Renter Occupied HU | 8,916 (51.4%) |
| Vacant Housing Units | 812 ( 4.7%) |
| Median Home Value | $290,436 |
| Average Home Value | $374,303 |
Housing Distribution
Address Breakdown
Residential
18,373
Single Family
10,301
Multi-Family
8,072
Businesses
1,890
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