4539 N Oconnor Rd #1234IrvingTX75062
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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 4539 N Oconnor Rd #1234, Irving, TX, 75062 uses $46,708 cash to close to unlock $1,700/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $1,144/mo, and a $690/mo payment keeps the spread at $142/mo. Purchase price stands at $140,900, and rental yield measures 9.74% with $1,144/mo rent. Return on cash invested shows 23.55% in year one, and 5% annual appreciation builds toward $38,928 over five years. Five-year ROI reaches 123.59% and total cumulative return in cash records $57,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,144/mo property income covering a $690/mo payment rather than investor’s personal income.
Condo
Built in 1975
17.15 Acres 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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