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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% |
Rental property for sale in Irving at 304 Ouida Rd, Irving, TX, 75061 priced at $609,999 converts $4,472/mo rent into $134/mo cash flow after a $2,986/mo obligation. Total monthly income equals $4,472/mo, and annual cash flow totals $1,606/yr on $200,690 invested. Return on cash invested prints 20.86% in year one, and rental yield reads 8.8% against a $609,999 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation compiles into $168,531 by year five. Five-year ROI reaches 109.13% and total cumulative return in cash sums $219,019. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,472/mo property income covering a $2,986/mo payment, not borrower’s personal income.
Single Family
Built in 2015
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75061, Irving, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,151 (100%) |
| Owner Occupied HU | 7,404 (36.7%) |
| Renter Occupied HU | 11,654 (57.8%) |
| Vacant Housing Units | 1,093 ( 5.4%) |
| Median Home Value | $298,564 |
| Average Home Value | $319,555 |
Residential
20,127
Single Family
11,246
Multi-Family
8,881
Businesses
1,864
Date | Event | Price |
|---|---|---|
| 2024-11-10 | Price change | $609,999 |
| 2024-10-30 | Price change | $629,999 |
| 2024-09-30 | Listed for sale | $649,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $5545.12 | 9.93% | $494,130 | 11.12% |
| 2023-12-27 | $5044.32 | -2.94% | $444,690 | N/A |
| 2022-12-27 | $5197.28 | 3.06% | $444,690 | 6.74% |
Listed by: Henry Fuentes Robles • Realty Firm Global, PLLC
Mls Name: NTREIS
Mls ID: #20672282
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.
