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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% |
Investment property for sale in Irving at 1008 Walnut St, Irving, TX, 75060 with 5% annual appreciation on a $495,000 basis while $4,980/mo rent supports operations. Total monthly income totals $4,980/mo and a $2,423/mo payment preserves $1,460/mo for cash returns. Annual cash flow comes to $17,517/yr on $164,093 deployed, and return on cash invested reaches 30.58% in year one. Equity gained on principal adds $3,194/yr, and five-year appreciation sums $136,759 alongside rental yield of 12.07%. Five-year ROI measures 161.29% and total cumulative return in cash totals $264,670.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,980/mo property income versus a $2,423/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
9,452 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 |
|---|---|---|
| 2024-09-30 | Price change | $495,000 |
| 2024-09-07 | Price change | $499,899 |
| 2024-07-17 | Listed for sale | $499,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $4298.00 | 19.57% | $473,620 | 53.99% |
| 2022-10-18 | $3594.60 | 159.56% | $307,560 | 28.72% |
| 2021-10-18 | $1384.88 | N/A | $238,930 | N/A |
Listed by: Andre Kocher • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #20663817
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.
