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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% |
Investment property for sale in Irving at 701 Fouts Dr, Irving, TX, 75061 at $235,000 posts ROI 29.85% with $645/mo cash flow from $2,316/mo rent. Total monthly income equals $2,316/mo, and annual cash flow records $7,741/yr on $77,903 to close. Return on cash invested measures 29.85% and rental yield reads 11.83% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 157.4% and total cumulative return in cash totals $122,620.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,316/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
0.31 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-12-04 | Listed for sale | $235,000 |
| 2024-12-04 | Contingent | $235,000 |
| 2024-11-14 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $2465.55 | 18.71% | $242,890 | 32.66% |
| 2023-12-27 | $2076.87 | -2.94% | $183,090 | N/A |
| 2022-12-27 | $2139.86 | 8.25% | $183,090 | 12.12% |
Listed by: Marilu Cooksy • Foxy Real Estate, LLC
Mls Name: NTREIS
Mls ID: #20777372
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.
