4113 Esters Rd APT 605IrvingTX75038
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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 4113 Esters Rd APT 605, Irving, TX, 75038 uses $41,438 cash to close to unlock $815/yr annual cash flow and $68/mo monthly cash flow. Total monthly income runs $957/mo, and a $612/mo payment keeps the spread at $68/mo. Purchase price stands at $125,000, and rental yield measures 9.19% with $957/mo rent. Return on cash invested shows 21.88% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 114.57% and total cumulative return in cash records $47,477. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $957/mo property income covering a $612/mo payment rather than investor’s personal income.
Condo
Built in 1984
2.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75038, Irving, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,170 (100%) |
| Owner Occupied HU | 2,599 (16.1%) |
| Renter Occupied HU | 12,462 (77.1%) |
| Vacant Housing Units | 1,109 ( 6.9%) |
| Median Home Value | $449,637 |
| Average Home Value | $569,322 |
Housing Distribution
Address Breakdown
Residential
14,593
Single Family
3,392
Multi-Family
11,201
Businesses
1,109
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