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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Irving at 423 S Oconnor Rd, Irving, TX, 75060 priced at $485,000 converts $2,410/mo rent into after a $2,374/mo obligation. Total monthly income equals $2,410/mo. Return on cash invested prints 12.15% in year one, and rental yield reads 5.96% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 62.46% and total cumulative return in cash sums $100,418. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,410/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Single Family
Built in 1929
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75060, Irving, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,299 (100%) |
| Owner Occupied HU | 9,132 (59.7%) |
| Renter Occupied HU | 5,541 (36.2%) |
| Vacant Housing Units | 626 ( 4.1%) |
| Median Home Value | $289,343 |
| Average Home Value | $365,158 |
Residential
15,375
Single Family
12,945
Multi-Family
2,430
Businesses
948
Date | Event | Price |
|---|---|---|
| 2025-04-28 | Listed for sale | $485,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $2515.27 | N/A | $389,470 | N/A |
Listed by: Bishop Banda • Rogers Healy and Associates
Mls Name: NTREIS
Mls ID: #20906956
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.
