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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 120 Myrtle Ct, Hurst, TX, 76053 priced at $300,000 converts $2,392/mo rent into $259/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,392/mo, and annual cash flow totals $3,108/yr on $99,450 invested. Return on cash invested prints 23.03% in year one, and rental yield reads 9.57% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 120.8% and total cumulative return in cash sums $120,132. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,392/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1968
10,410 sqft 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 |
|---|---|---|
| 2024-11-01 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $822.29 | -20.46% | $154,147 | 14.35% |
| 2022-11-20 | $1033.81 | 2.72% | $134,805 | 9.95% |
| 2021-11-20 | $1006.43 | -4.49% | $122,607 | -14.67% |
Listed by: Todd Matthews • Mandalay Real Estate
Mls Name: NTREIS
Mls ID: #20768203
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.
