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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 3216 Commonwealth St, Irving, TX, 75062 offers a 11.78% rental yield on a $269,000 purchase with $2,640/mo rent. Total monthly income registers $2,640/mo, and a $1,317/mo payment leaves $727/mo available for distribution. Annual cash flow reaches $8,721/yr on $89,174 to close, and return on cash invested stands at 29.69% in year one. Equity gained on principal adds $1,736/yr while 5% annual appreciation supports $74,320 over five years. Portfolio math shows five-year ROI at 156.49% and total cumulative return in cash at $139,547. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $1,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
8,973 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: Lynnette Lluveras • Monument Realty
Mls Name: NTREIS
Mls ID: #21052126
