721 Bowman StIrvingTX75060
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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
Investment property for sale in Irving at 721 Bowman St, Irving, TX, 75060 uses $125,639 cash to close to unlock $2,891/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $2,936/mo, and a $1,855/mo payment keeps the spread at $241/mo. Purchase price stands at $379,000, and rental yield measures 9.3% with $2,936/mo rent. Return on cash invested shows 22.21% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 116.38% and total cumulative return in cash records $146,219. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,936/mo property income covering a $1,855/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75060, Irving, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,375
Single Family
12,945
Multi-Family
2,430
Businesses
948
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Listed by: Mathew Samuel • Beam Real Estate, LLC
Mls Name: NTREIS
Mls ID: #20948347
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.