703 Will Rice AveIrvingTX75039
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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 703 Will Rice Ave, Irving, TX, 75039 with 5% annual appreciation on a $674,900 basis while $5,288/mo rent supports operations. Total monthly income totals $5,288/mo and a $3,303/mo payment preserves $338/mo for cash returns. Annual cash flow comes to $4,056/yr on $222,042 deployed, and return on cash invested reaches 21.89% in year one. Equity gained on principal adds $4,355/yr, and five-year appreciation sums $186,462 alongside rental yield of 9.4%. Five-year ROI measures 114.92% and total cumulative return in cash totals $255,175.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,288/mo property income versus a $3,303/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2018
2,474 sqft lot
$N/A/sqft
$151 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75039, Irving, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,581 (100%) |
| Owner Occupied HU | 2,577 (15.5%) |
| Renter Occupied HU | 11,702 (70.6%) |
| Vacant Housing Units | 2,302 (13.9%) |
| Median Home Value | $572,425 |
| Average Home Value | $610,090 |
Housing Distribution
Address Breakdown
Residential
15,244
Single Family
2,781
Multi-Family
12,463
Businesses
782
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Listed by: Brit Ewers • Compass RE Texas, LLC.
Mls Name: NTREIS
Mls ID: #21008661
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.