918 Camino LagoIrvingTX75039
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
Rental property for sale in Irving at 918 Camino Lago, Irving, TX, 75039 priced at $988,000 converts $4,946/mo rent into after a $4,836/mo obligation. Total monthly income equals $4,946/mo. Return on cash invested prints 12.12% in year one, and rental yield reads 6.01% against a $988,000 entry. Equity gained on principal adds $6,375/yr, while 5% annual appreciation compiles into $272,966 by year five. Five-year ROI reaches 62.34% and total cumulative return in cash sums $202,648. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,946/mo property income covering a $4,836/mo payment, not borrower’s personal income.
Single Family
Built in 2006
4,268 sqft lot
$N/A/sqft
$858 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lin Zou • EMD Realty
Mls Name: NTREIS
Mls ID: #20718261
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.