4704 Almeria CtIrvingTX75062
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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
Rental property for sale in Irving at 4704 Almeria Ct, Irving, TX, 75062 priced at $1,275,786 converts $4,869/mo rent into after a $6,244/mo obligation. Total monthly income equals $4,869/mo. Return on cash invested prints 7.91% in year one, and rental yield reads 4.58% against a $1,275,786 entry. Equity gained on principal adds $8,232/yr, while 5% annual appreciation compiles into $352,476 by year five. Five-year ROI reaches 39.72% and total cumulative return in cash sums $164,193. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,869/mo property income covering a $6,244/mo payment, not borrower’s personal income.
Single Family
Built in 2019
6,098 sqft lot
$N/A/sqft
$1,080 annually 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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Listed by: Amin Barrister • DFW Realty & Mortgage Group
Mls Name: NTREIS
Mls ID: #21031591
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.