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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 508 E 2nd St, Irving, TX, 75060 offers $2,700/mo rent that, after a $1,745/mo payment, leaves $40/mo cash flow. Total monthly income is $2,700/mo, and annual cash flow is $474/yr on $118,213 cash. Return on cash invested measures 20.31% in year one, and rental yield stands at 9.09% at a $356,600 entry. Equity gained on principal adds $2,301/yr while 5% annual appreciation compounds into $98,522 by year five. Five-year ROI records 106.68% and total cumulative return in cash reaches $126,106. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,700/mo property income versus a $1,745/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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 |
|---|---|---|
| 2024-12-17 | Listed for sale | $356,600 |
| 2024-12-11 | Contingent | $356,600 |
| 2024-09-30 | Listed for sale | $356,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $505.00 | N/A | $45,000 | N/A |
Listed by: Natalie Winchester • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20742104
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.
