10304 Lake Park DrHurstTX76053
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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
Rental property for sale in Hurst at 10304 Lake Park Dr, Hurst, TX, 76053 priced at $498,000 pairs $5,333/mo rent with $1,761/mo cash flow after a $2,437/mo payment. Total monthly income equals $5,333/mo, and annual cash flow comes to $21,137/yr on $165,087 invested. Return on cash invested is 32.71% in year one, and rental yield stands at 12.85% on a $498,000 basis. Equity gained on principal adds $3,214/yr, and 5% annual appreciation accumulates to $137,588 by year five. Five-year ROI measures 172.81% and total cumulative return in cash reaches $285,280. For financing, Ziffy Mortgage’s DSCR program evaluates $5,333/mo property income against a $2,437/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
5,401 sqft lot
$N/A/sqft
$184 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76053, Hurst, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,639 (100%) |
| Owner Occupied HU | 6,598 (52.2%) |
| Renter Occupied HU | 5,516 (43.6%) |
| Vacant Housing Units | 525 ( 4.2%) |
| Median Home Value | $307,254 |
| Average Home Value | $328,788 |
Housing Distribution
Address Breakdown
Residential
12,680
Single Family
10,345
Multi-Family
2,335
Businesses
1,438
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Listed by: Carol Holloway Stoneham • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20686525
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.