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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% |
Rental property for sale in Irving at 1810 Socorro Ln, Irving, TX, 75061 generates $1,707/mo in rent, after a $1,199/mo payment. Total monthly income is $1,707/mo. Return on cash invested sits at 11.26% in year one, and rental yield is 8.36% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 60.65% and total cumulative return in cash sums $49,260. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,707/mo property income rather than buyer’s personal income.
Condo
Built in 1966
7.23 Acres lot
$N/A/sqft
$550 monthly 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 |
|---|---|---|
| 2025-06-19 | Listed for sale | $245,000 |
| 2018-02-10 | Listing removed | $1,500 |
| 2018-02-01 | Price change | $1,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-19 | $2739.28 | 2.98% | $244,100 | 4.09% |
| 2023-06-19 | $2660.05 | -2.94% | $234,500 | N/A |
| 2022-06-19 | $2740.70 | 27.42% | $234,500 | 31.98% |
Listed by: Patti Murray • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #20972495
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.
