532 Ballustrade DrIrvingTX75039
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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
Rental property for sale in Irving at 532 Ballustrade Dr, Irving, TX, 75039 offers $3,175/mo rent that, after a $2,423/mo payment. Total monthly income is $3,175/mo. Return on cash invested measures 17.38% in year one, and rental yield stands at 7.7% at a $495,000 entry. Equity gained on principal adds $3,194/yr while 5% annual appreciation compounds into $136,759 by year five. Five-year ROI records 90.5% and total cumulative return in cash reaches $148,510. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,175/mo property income versus a $2,423/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75039, Irving, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,581 (100%) |
| Owner Occupied HU | 2,577 (15.5%) |
| Renter Occupied HU | 11,702 (70.6%) |
| Vacant Housing Units | 2,302 (13.9%) |
| Median Home Value | $572,425 |
| Average Home Value | $610,090 |
Housing Distribution
Address Breakdown
Residential
15,244
Single Family
2,781
Multi-Family
12,463
Businesses
782
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