1806 Anderson StIrvingTX75062
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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
Investment property for sale in Irving at 1806 Anderson St, Irving, TX, 75062 uses $76,212 cash to close to unlock $7,241/yr annual cash flow and $603/mo monthly cash flow. Total monthly income runs $2,238/mo, and a $1,125/mo payment keeps the spread at $603/mo. Purchase price stands at $229,900, and rental yield measures 11.68% with $2,238/mo rent. Return on cash invested shows 29.41% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 155.01% and total cumulative return in cash records $118,139. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,238/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1961
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75062, Irving, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,358 (100%) |
| Owner Occupied HU | 7,630 (44.0%) |
| Renter Occupied HU | 8,916 (51.4%) |
| Vacant Housing Units | 812 ( 4.7%) |
| Median Home Value | $290,436 |
| Average Home Value | $374,303 |
Housing Distribution
Address Breakdown
Residential
18,373
Single Family
10,301
Multi-Family
8,072
Businesses
1,890
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Listed by: Brian Sindell • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20974719
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.