4115 Esters Rd APT 706IrvingTX75038
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
Rental property for sale in Irving at 4115 Esters Rd APT 706, Irving, TX, 75038 generates $977/mo in rent, after a $612/mo payment. Total monthly income is $977/mo. Return on cash invested sits at 13.22% in year one, and rental yield is 9.38% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 71.51% and total cumulative return in cash sums $29,633. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $977/mo property income rather than buyer’s personal income.
Condo
Built in 1984
2.31 Acres lot
$N/A/sqft
$319 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Doug Pillard • JPAR Fort Worth
Mls Name: NTREIS
Mls ID: #20655077
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.