3324 Cardinal Ln, Irving, TX, 75062 | $468/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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3324 Cardinal Ln, Irving, TX, 75062 | $468/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Irving at 3324 Cardinal Ln, Irving, TX, 75062 offers a 10.14% rental yield on a $350,000 purchase with $2,957/mo rent. Total monthly income registers $2,957/mo, and a $1,713/mo payment leaves $468/mo available for distribution. Annual cash flow reaches $5,618/yr on $116,025 to close, and return on cash invested stands at 24.75% 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 130.04% and total cumulative return in cash at $150,878. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,957/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 1967

7,361 sqft lot

$N/A/sqft

No HOA

More details about the property

Proudly maintained by the original owners since 1967! This well-loved single-story home exudes warmth and character. Updates throughout the years include the installation of an in-ground pool surrounded by an 8-foot wood and stone privacy fence; the conversion of the garage into an amazing family room overlooking the pool; the addition of three sheds and a single-car carport; and more recently the replacement of all cast iron pipes underneath the home. The family home has wonderful curb appeal and beautiful landscaping in the front yard and surrounding the pool plus a gardening shed and raised bed. Located in the heart of the Metroplex with convenient access to DFW Airport and both Dallas and Fort Worth. Lots of dining and shopping options nearby.

Neighborhood Data

Neighborhood data shown for ZIP Code: 75062, Irving, TX area.

Housing Distribution

Housing Statistics

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