1915 Wilshire DrIrvingTX75061
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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
Rental property for sale in Irving at 1915 Wilshire Dr, Irving, TX, 75061 priced at $299,000 pairs $2,278/mo rent with $34/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,278/mo, and annual cash flow comes to $411/yr on $99,119 invested. Return on cash invested is 20.32% in year one, and rental yield stands at 9.14% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 106.83% and total cumulative return in cash reaches $105,886. For financing, Ziffy Mortgage’s DSCR program evaluates $2,278/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1983
2,874 sqft lot
$N/A/sqft
$354 quarterly 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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Listed by: Anas Sawas • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20638499
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.