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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Irving at 2702 Morgan St, Irving, TX, 75062 listed at $299,900 pairs $2,459/mo rent with a $1,468/mo payment to leave $326/mo cash flow. Total monthly income runs $2,459/mo, and annual cash flow reaches $3,915/yr on $99,417 cash to close. Return on cash invested measures 23.85% in year one, and rental yield registers 9.84% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 125.2% and total cumulative return in cash totals $124,468. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,459/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
8,137 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75062, Irving, TX area.
| 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 |
Residential
18,373
Single Family
10,301
Multi-Family
8,072
Businesses
1,890
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lorraine Terkelsen • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #21003521
