404 Santa Fe Trl #54IrvingTX75063
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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 404 Santa Fe Trl #54, Irving, TX, 75063 uses $82,544 cash to close to unlock $9,829/yr annual cash flow and $819/mo monthly cash flow. Total monthly income runs $2,590/mo, and a $1,219/mo payment keeps the spread at $819/mo. Purchase price stands at $249,000, and rental yield measures 12.48% with $2,590/mo rent. Return on cash invested shows 31.82% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 167.96% and total cumulative return in cash records $138,644. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,590/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Condo
Built in 1986
5.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75063, Irving, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,686 (100%) |
| Owner Occupied HU | 7,433 (37.8%) |
| Renter Occupied HU | 11,195 (56.9%) |
| Vacant Housing Units | 1,058 ( 5.4%) |
| Median Home Value | $491,967 |
| Average Home Value | $531,117 |
Housing Distribution
Address Breakdown
Residential
19,062
Single Family
8,244
Multi-Family
10,818
Businesses
1,639
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