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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% |
Rental property for sale in Hurst at 1048 Reed St, Hurst, TX, 76053 offers $2,759/mo rent that, after a $2,075/mo payment. Total monthly income is $2,759/mo. Return on cash invested measures 17.72% in year one, and rental yield stands at 7.81% at a $424,000 entry. Equity gained on principal adds $2,736/yr while 5% annual appreciation compounds into $117,143 by year five. Five-year ROI records 92.37% and total cumulative return in cash reaches $129,831. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,759/mo property income versus a $2,075/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76053, Hurst, TX area.
| 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 |
Residential
12,680
Single Family
10,345
Multi-Family
2,335
Businesses
1,438
Date | Event | Price |
|---|---|---|
| 2025-05-16 | Listed for sale | $424,000 |
| 2009-01-05 | Sold | N/A |
| 2008-11-01 | Price change | $124,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-16 | $6945.13 | 8.08% | $340,030 | 6.02% |
| 2023-05-16 | $6425.64 | -5.25% | $320,733 | 8.89% |
| 2022-05-16 | $6781.95 | 9.20% | $294,555 | 12.39% |
Listed by: Robert Miller • OnDemand Realty
Mls Name: NTREIS
Mls ID: #20938600
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.
