509 Farine DrIrvingTX75062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 509 Farine Dr, Irving, TX, 75062 at $844,900 posts ROI 17.26% with from $5,360/mo rent. Total monthly income equals $5,360/mo. Return on cash invested measures 17.26% and rental yield reads 7.61% at the current $844,900. Equity gained on principal adds $5,452/yr, and 5% annual appreciation supports $233,430 by year five. Five-year ROI prints 89.86% and total cumulative return in cash totals $249,772. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,360/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
0.27 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea Chavarria • Lugary, LLC
Mls Name: NTREIS
Mls ID: #20941201
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.