








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 504 E 2nd St, Irving, TX, 75060 priced at $356,600 converts $3,274/mo rent into $614/mo cash flow after a $1,745/mo obligation. Total monthly income equals $3,274/mo, and annual cash flow totals $7,362/yr on $118,213 invested. Return on cash invested prints 26.14% in year one, and rental yield reads 11.02% against a $356,600 entry. Equity gained on principal adds $2,301/yr, while 5% annual appreciation compiles into $98,522 by year five. Five-year ROI reaches 137.92% and total cumulative return in cash sums $163,042. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,274/mo property income covering a $1,745/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
2,744 sqft lot
$N/A/sqft
$125 monthly HOA
Neighborhood data shown for ZIP Code: 75060, Irving, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,299 (100%) |
| Owner Occupied HU | 9,132 (59.7%) |
| Renter Occupied HU | 5,541 (36.2%) |
| Vacant Housing Units | 626 ( 4.1%) |
| Median Home Value | $289,343 |
| Average Home Value | $365,158 |
Residential
15,375
Single Family
12,945
Multi-Family
2,430
Businesses
948
Date | Event | Price |
|---|---|---|
| 2024-12-16 | Listed for sale | $356,600 |
| 2024-12-14 | Contingent | $356,600 |
| 2024-11-02 | Pending sale | $356,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $505.00 | -64.51% | $45,000 | -64.13% |
| 2023-12-27 | $1423.04 | -2.94% | $125,450 | N/A |
| 2022-12-27 | $1466.20 | -3.45% | $125,450 | N/A |



Listed by: Natalie Winchester • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20739787
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.