








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 Southridge Way, Irving, TX, 75063 priced at $545,000 converts $3,454/mo rent into after a $2,668/mo obligation. Total monthly income equals $3,454/mo. Return on cash invested prints 16.82% in year one, and rental yield reads 7.61% against a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation compiles into $150,573 by year five. Five-year ROI reaches 87.62% and total cumulative return in cash sums $157,104. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,454/mo property income covering a $2,668/mo payment, not borrower’s personal income.
Single Family
Built in 2000
6,054 sqft lot
$N/A/sqft
$744 annually HOA
Neighborhood data shown for ZIP Code: 75063, Irving, TX area.
| 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 |
Residential
19,062
Single Family
8,244
Multi-Family
10,818
Businesses
1,639
Date | Event | Price |
|---|---|---|
| 2025-07-06 | Listed for sale | $545,000 |
| 2023-04-05 | Sold | N/A |
| 2023-03-26 | Pending sale | $519,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-07 | $6097.81 | 11.82% | $501,590 | 13.86% |
| 2023-07-07 | $5453.21 | 12.13% | $440,540 | 16.01% |
| 2022-07-07 | $4863.50 | 50.44% | $379,740 | 25.37% |



Listed by: Moriah Singleton • Diversify Real Estate Group
Mls Name: NTREIS
Mls ID: #20988799
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.