8703 Stonecrest DrIrvingTX75063
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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 8703 Stonecrest Dr, Irving, TX, 75063 priced at $450,000 converts $2,632/mo rent into after a $2,203/mo obligation. Total monthly income equals $2,632/mo. Return on cash invested prints 14.37% in year one, and rental yield reads 7.02% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 74.7% and total cumulative return in cash sums $111,438. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,632/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 1993
5,140 sqft lot
$N/A/sqft
$1,434 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75063, Irving, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,686 (100%) |
| Owner Occupied HU | 7,433 (37.8%) |
| Renter Occupied HU | 11,195 (56.9%) |
| Vacant Housing Units | 1,058 ( 5.4%) |
| Median Home Value | $491,967 |
| Average Home Value | $531,117 |
Housing Distribution
Address Breakdown
Residential
19,062
Single Family
8,244
Multi-Family
10,818
Businesses
1,639
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Listed by: Kt Singh • Fathom Realty LLC
Mls Name: NTREIS
Mls ID: #20917065
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.