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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 509 Causey Ln, Irving, TX, 75061 priced at $335,000 pairs $2,527/mo rent with $144/mo cash flow after a $1,640/mo payment. Total monthly income equals $2,527/mo, and annual cash flow comes to $1,733/yr on $111,053 invested. Return on cash invested is 21.47% in year one, and rental yield stands at 9.05% on a $335,000 basis. Equity gained on principal adds $2,162/yr, and 5% annual appreciation accumulates to $92,554 by year five. Five-year ROI measures 112.44% and total cumulative return in cash reaches $124,868. For financing, Ziffy Mortgage’s DSCR program evaluates $2,527/mo property income against a $1,640/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
4,094 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75061, Irving, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,151 (100%) |
| Owner Occupied HU | 7,404 (36.7%) |
| Renter Occupied HU | 11,654 (57.8%) |
| Vacant Housing Units | 1,093 ( 5.4%) |
| Median Home Value | $298,564 |
| Average Home Value | $319,555 |
Residential
20,127
Single Family
11,246
Multi-Family
8,881
Businesses
1,864
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $335,000 |
| 2017-03-20 | Sold | N/A |
| 2017-02-21 | Pending sale | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $2193.04 | 48.39% | $214,110 | N/A |
| 2023-04-18 | $1477.86 | 6.76% | $214,110 | N/A |
| 2022-04-18 | $1384.26 | 6.20% | $214,110 | 59.08% |
Listed by: Nancy Catalan • Only 1 Realty Group Dallas
Mls Name: NTREIS
Mls ID: #20908176
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.
