1606 Arlington DrIrvingTX75061
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
Investment property for sale in Irving at 1606 Arlington Dr, Irving, TX, 75061 uses $125,970 cash to close to unlock $3,980/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $3,034/mo, and a $1,860/mo payment keeps the spread at $332/mo. Purchase price stands at $380,000, and rental yield measures 9.58% with $3,034/mo rent. Return on cash invested shows 23.07% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 121% and total cumulative return in cash records $152,425. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,034/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Single Family
Built in 1956
10,149 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75061, Irving, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,151 (100%) |
| Owner Occupied HU | 7,404 (36.7%) |
| Renter Occupied HU | 11,654 (57.8%) |
| Vacant Housing Units | 1,093 ( 5.4%) |
| Median Home Value | $298,564 |
| Average Home Value | $319,555 |
Housing Distribution
Address Breakdown
Residential
20,127
Single Family
11,246
Multi-Family
8,881
Businesses
1,864
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices