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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 3306 McDermott St, Irving, TX, 75061 earns $305/mo cash flow from $2,332/mo rent with a $1,395/mo payment. Total monthly income totals $2,332/mo, and annual cash flow totals $3,663/yr on $94,478 capital. ROI tracks 23.79% on current figures, and rental yield reads 9.82% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 124.89% and total cumulative return in cash sums $117,990. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,332/mo property income instead of your personal income.
Single Family
Built in 1964
6,969 sqft 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 |
|---|---|---|
| 2025-01-17 | Listed for sale | $285,000 |
| 2024-11-24 | Listing removed | $295,000 |
| 2024-11-13 | Listed for sale | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $933.29 | 12.57% | $256,880 | 32.97% |
| 2023-02-12 | $829.11 | -5.11% | $193,180 | N/A |
| 2022-02-12 | $873.74 | 9.12% | $193,180 | 12.14% |
Listed by: Jason Clay Haugen • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20812983
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.
