2320 Meadow LarkIrvingTX75060
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
Investment property for sale in Irving at 2320 Meadow Lark, Irving, TX, 75060 uses $95,804 cash to close to unlock $4,913/yr annual cash flow and $409/mo monthly cash flow. Total monthly income runs $2,465/mo, and a $1,415/mo payment keeps the spread at $409/mo. Purchase price stands at $289,000, and rental yield measures 10.24% with $2,465/mo rent. Return on cash invested shows 25.04% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 131.58% and total cumulative return in cash records $126,062. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,465/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 1964
7,187 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices