301 Charles DrIrvingTX75060
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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 301 Charles Dr, Irving, TX, 75060 offers $2,795/mo rent that, after a $1,194/mo payment, leaves $1,060/mo cash flow. Total monthly income is $2,795/mo, and annual cash flow is $12,724/yr on $80,853 cash. Return on cash invested measures 35.65% in year one, and rental yield stands at 13.75% at a $243,900 entry. Equity gained on principal adds $1,574/yr while 5% annual appreciation compounds into $67,385 by year five. Five-year ROI records 188.48% and total cumulative return in cash reaches $152,391. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,795/mo property income versus a $1,194/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,200 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
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