








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 4524 Redwood Ct, Irving, TX, 75038 generates $3,240/mo in rent, after a $5,286/mo payment. Total monthly income is $3,240/mo. Return on cash invested sits at 3.09% in year one, and rental yield is 3.6% on a $1,080,000 entry. Equity gained on principal adds $6,969/yr, while 5% annual appreciation builds toward $298,384 over five years. Five-year ROI reaches 14.51% and total cumulative return in cash sums $50,764. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
10,323 sqft lot
$N/A/sqft
$7,200 annually HOA
Neighborhood data shown for ZIP Code: 75038, Irving, TX area.
| 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 |
Residential
14,593
Single Family
3,392
Multi-Family
11,201
Businesses
1,109
Date | Event | Price |
|---|---|---|
| 2025-01-15 | Listed for sale | $1,080,000 |
| 2013-12-11 | Listing removed | $595,500 |
| 2013-09-21 | Price change | $595,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $7939.60 | 8.82% | $1,129,980 | 15.63% |
| 2023-02-12 | $7295.98 | 6.76% | $977,200 | 27.80% |
| 2022-02-12 | $6833.84 | 6.20% | $764,650 | 15.08% |



Listed by: Nicole Andrews • Nicole Andrews Group
Mls Name: NTREIS
Mls ID: #20805123
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.