3607 W Northgate Dr APT 113IrvingTX75062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Irving at 3607 W Northgate Dr APT 113, Irving, TX, 75062 earns $77/mo cash flow from $959/mo rent with a $607/mo payment. Total monthly income totals $959/mo, and annual cash flow totals $926/yr on $41,106 capital. ROI tracks 22.16% on current figures, and rental yield reads 9.28% at a $124,000 purchase. Equity gained on principal adds $800/yr, and 5% annual appreciation supports $34,259 over five years. Five-year ROI reaches 116.22% and total cumulative return in cash sums $47,775. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $959/mo property income instead of your personal income.
Condo
Built in 1982
6.22 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,373
Single Family
10,301
Multi-Family
8,072
Businesses
1,890
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices