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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 516 S Oconnor Rd, Irving, TX, 75060 offers $2,700/mo rent that, after a $2,521/mo payment. Total monthly income is $2,700/mo. Return on cash invested measures 13.24% in year one, and rental yield stands at 6.29% at a $515,000 entry. Equity gained on principal adds $3,323/yr while 5% annual appreciation compounds into $142,285 by year five. Five-year ROI records 68.3% and total cumulative return in cash reaches $115,717. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,700/mo property income versus a $2,521/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
2,265 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Seychelle Van Poole • Keller Williams Realty DPR
Mls Name: NTREIS
Mls ID: #21110324
