3500 Wingren DrIrvingTX75062
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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 3500 Wingren Dr, Irving, TX, 75062 with 5% annual appreciation on a $849,900 basis while $6,665/mo rent supports operations. Total monthly income totals $6,665/mo and a $4,160/mo payment preserves $621/mo for cash returns. Annual cash flow comes to $7,453/yr on $279,617 deployed, and return on cash invested reaches 22.73% in year one. Equity gained on principal adds $5,484/yr, and five-year appreciation sums $234,812 alongside rental yield of 9.41%. Five-year ROI measures 119.14% and total cumulative return in cash totals $333,146.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,665/mo property income versus a $4,160/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
0.36 Acres 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: Julie Hillman • Better Homes & Gardens, Winans
Mls Name: NTREIS
Mls ID: #20693030
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.