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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 1616 Del Rancho Dr, Irving, TX, 75061 offers a 7.58% rental yield on a $359,900 purchase with $2,273/mo rent. 02% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 88.61% and total cumulative return in cash at $105,722. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,273/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75061, Irving, TX area.
| 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 |
Residential
20,127
Single Family
11,246
Multi-Family
8,881
Businesses
1,864
Date | Event | Price |
|---|---|---|
| 2025-03-25 | Listed for sale | $359,900 |
| 2024-07-16 | Sold | N/A |
| 2024-07-08 | Pending sale | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-25 | $1615.96 | 18.71% | $166,360 | 38.63% |
| 2023-03-25 | $1361.21 | 13.23% | $120,000 | 16.66% |
| 2022-03-25 | $1202.17 | -3.45% | $102,860 | N/A |
Listed by: Oscar Gonzalez-Renteria • DFW Elite Living
Mls Name: NTREIS
Mls ID: #20878409
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.
