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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 1516 W 7th St, Irving, TX, 75060 listed at $1,999,999 pairs $4,980/mo rent with a $9,789/mo payment. Total monthly income runs $4,980/mo. Return on cash invested measures 3.25% in year one, and rental yield registers 2.99% at a $1,999,999 basis. Equity gained on principal adds $12,906/yr, and annual property appreciation at 5% supports $552,563 by year five. Five-year ROI tracks 14.67% and total cumulative return in cash totals $95,059. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,980/mo property income relative to a $9,789/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1972
0.88 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Diane Carpenter • 24:15 Realty
Mls Name: NTREIS
Mls ID: #21031053
