1223 Irvine DrAllenTX75013
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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 Allen at 1223 Irvine Dr, Allen, TX, 75013 offers $4,936/mo rent that, after a $3,206/mo payment, leaves $199/mo cash flow. Total monthly income is $4,936/mo, and annual cash flow is $2,387/yr on $215,495 cash. Return on cash invested measures 21.17% in year one, and rental yield stands at 9.04% at a $655,000 entry. Equity gained on principal adds $4,227/yr while 5% annual appreciation compounds into $180,964 by year five. Five-year ROI records 110.94% and total cumulative return in cash reaches $239,063. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,936/mo property income versus a $3,206/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
8,712 sqft lot
$N/A/sqft
$950 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75013, Allen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,738 (100%) |
| Owner Occupied HU | 12,605 (58.0%) |
| Renter Occupied HU | 7,807 (35.9%) |
| Vacant Housing Units | 1,326 ( 6.1%) |
| Median Home Value | $657,310 |
| Average Home Value | $697,117 |
Housing Distribution
Address Breakdown
Residential
20,972
Single Family
13,971
Multi-Family
7,001
Businesses
2,119
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Listed by: Irina Kremen • Fathom Realty
Mls Name: NTREIS
Mls ID: #20735243
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.