3615 University Park LnIrvingTX75062
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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
Investment Highlights
Investment property for sale in Irving at 3615 University Park Ln, Irving, TX, 75062 earns from $3,272/mo rent with a $3,035/mo payment. Total monthly income totals $3,272/mo. ROI tracks 11.84% on current figures, and rental yield reads 6.33% at a $620,000 purchase. Equity gained on principal adds $4,001/yr, and 5% annual appreciation supports $171,295 over five years. Five-year ROI reaches 61.32% and total cumulative return in cash sums $125,079. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,272/mo property income instead of your personal income.
Single Family
Built in 2003
6,098 sqft lot
$N/A/sqft
$3,126 annually 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
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Listed by: Kari Cummings • JPAR Dallas
Mls Name: NTREIS
Mls ID: #21011567
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.