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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 3302 Ridgemont St, Irving, TX, 75062 offers a 8.87% rental yield on a $350,000 purchase with $2,588/mo rent. Total monthly income registers $2,588/mo, and a $1,713/mo payment leaves $99/mo available for distribution. Annual cash flow reaches $1,190/yr on $116,025 to close, and return on cash invested stands at 20.93% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 109.58% and total cumulative return in cash at $127,142. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,588/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.26 Acres 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 |
|---|---|---|
| 2025-02-05 | Listed for sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $1217.02 | 11.41% | $292,450 | 17.31% |
| 2023-02-12 | $1092.37 | 2.64% | $249,290 | N/A |
| 2022-02-12 | $1064.28 | 8.47% | $249,290 | 20.77% |
Listed by: Nicole Horton • At Properties Christie's Int
Mls Name: NTREIS
Mls ID: #20829045
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.
