1013 Edgecliff DrBedfordTX76022
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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 Bedford at 1013 Edgecliff Dr, Bedford, TX, 76022 offers a 12.98% rental yield on a $589,900 purchase with $6,382/mo rent. Total monthly income registers $6,382/mo, and a $2,887/mo payment leaves $2,187/mo available for distribution. Annual cash flow reaches $26,249/yr on $194,077 to close, and return on cash invested stands at 33.59% in year one. Equity gained on principal adds $3,807/yr while 5% annual appreciation supports $162,978 over five years. Portfolio math shows five-year ROI at 177.37% and total cumulative return in cash at $344,241. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,382/mo property income against a $2,887/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76022, Bedford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,414 (100%) |
| Owner Occupied HU | 3,105 (48.4%) |
| Renter Occupied HU | 2,975 (46.4%) |
| Vacant Housing Units | 334 ( 5.2%) |
| Median Home Value | $304,279 |
| Average Home Value | $371,315 |
Housing Distribution
Address Breakdown
Residential
6,288
Single Family
4,160
Multi-Family
2,128
Businesses
427
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Listed by: Thomas Thaimuriyil • Beam Real Estate, LLC
Mls Name: NTREIS
Mls ID: #20689219
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.