1902 Waldrop StIrvingTX75061
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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 1902 Waldrop St, Irving, TX, 75061 earns $162/mo cash flow from $1,583/mo rent with a $978/mo payment. Total monthly income totals $1,583/mo, and annual cash flow totals $1,943/yr on $66,267 capital. ROI tracks 22.84% on current figures, and rental yield reads 9.5% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 119.77% and total cumulative return in cash sums $79,369. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,583/mo property income instead of your personal income.
Single Family
Built in 1954
7,405 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
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