300 Oconnor Ridge Blvd #16IrvingTX75038
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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
Investment property for sale in Irving at 300 Oconnor Ridge Blvd #16, Irving, TX, 75038 earns from $4,472/mo rent with a $8,761/mo payment. Total monthly income totals $4,472/mo. ROI tracks 0.49% on current figures, and rental yield reads 3% at a $1,789,900 purchase. Equity gained on principal adds $11,550/yr, and 5% annual appreciation supports $494,516 over five years. Five-year ROI reaches 0.87% and total cumulative return in cash sums $5,060. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,472/mo property income instead of your personal income.
Condo
Built in 2021
7.73 Acres lot
$N/A/sqft
$1,350 monthly 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
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Listed by: Troy Perkins • The Realty Associates
Mls Name: NTREIS
Mls ID: #20831868
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.