4505 N O'Connor Rd APT 1122IrvingTX75062
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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 4505 N O'Connor Rd APT 1122, Irving, TX, 75062 uses $65,969 cash to close to unlock $2,123/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $1,592/mo, and a $974/mo payment keeps the spread at $177/mo. Purchase price stands at $199,000, and rental yield measures 9.6% with $1,592/mo rent. Return on cash invested shows 23.13% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 121.3% and total cumulative return in cash records $80,022. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,592/mo property income covering a $974/mo payment rather than investor’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75062, Irving, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,358 (100%) |
| Owner Occupied HU | 7,630 (44.0%) |
| Renter Occupied HU | 8,916 (51.4%) |
| Vacant Housing Units | 812 ( 4.7%) |
| Median Home Value | $290,436 |
| Average Home Value | $374,303 |
Housing Distribution
Address Breakdown
Residential
18,373
Single Family
10,301
Multi-Family
8,072
Businesses
1,890
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