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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 3114 Cortez Ct E, Irving, TX, 75062 with 5% annual appreciation on a $1,007,000 basis while $2,640/mo rent supports operations. 59% in year one. Equity gained on principal adds $6,498/yr, and five-year appreciation sums $278,216 alongside rental yield of 3.15%. Five-year ROI measures 16.52% and total cumulative return in cash totals $53,909. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,640/mo property income versus a $4,929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
0.34 Acres lot
$N/A/sqft
$499 annually 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 |
|---|---|---|
| 2024-08-07 | Listed for sale | $1,007,000 |
| 2024-07-23 | Listing removed | N/A |
| 2024-07-11 | Listed for sale | $1,007,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $3917.98 | 6.76% | $434,130 | -0.18% |
| 2022-08-13 | $3669.81 | 6.20% | $434,930 | 19.71% |
| 2021-08-13 | $3455.56 | 7.92% | $363,310 | N/A |
Listed by: Lisa Wiggins • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20663138
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.
