2615 Newton Cir W, Irving, TX, 75062 | 8.37% Rental Yield

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2615 Newton Cir W, Irving, TX, 75062 | 8.37% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Irving at 2615 Newton Cir W, Irving, TX, 75062 earns from $1,952/mo rent with a $1,370/mo payment. Total monthly income totals $1,952/mo. ROI tracks 19.41% on current figures, and rental yield reads 8.37% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 101.4% and total cumulative return in cash sums $94,081. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,952/mo property income instead of your personal income.

Single Family

Built in 1953

7,492 sqft lot

$N/A/sqft

No HOA

More details about the property

Spacious home on a quiet street brings you closer to convenience, with 183 and the arts district just blocks away. The primary bedroom is the picture of cozy featuring a generously sized en suite bathroom and a gorgeous cathedral ceiling. The primary is located on the opposite side of the home from the two guest rooms, and has its own hot water heater, so ample hot water is always at the ready. Make a home office out of the back-facing sunroom or let the flooding light give life to your plants every day of the year. The front guest room features a door to the side of the home, perfect for a roommate or a paying tenant to come and go without disturbing the other occupants. Lush greenery surrounds the property giving you the feel of true privacy. Selling home as is. New survey needed.

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