1821 Otwell DrHasletTX76052
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Nearby investment properties with comparable prices
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 Haslet at 1821 Otwell Dr, Haslet, TX, 76052 priced at $515,000 converts $4,044/mo rent into $308/mo cash flow after a $2,521/mo obligation. Total monthly income equals $4,044/mo, and annual cash flow totals $3,692/yr on $169,435 invested. Return on cash invested prints 22.24% in year one, and rental yield reads 9.42% against a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation compiles into $142,285 by year five. Five-year ROI reaches 116.73% and total cumulative return in cash sums $197,773. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,044/mo property income covering a $2,521/mo payment, not borrower’s personal income.
Single Family
Built in 2019
9,888 sqft lot
$N/A/sqft
$885 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76052, Haslet, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,869 (100%) |
| Owner Occupied HU | 12,259 (82.4%) |
| Renter Occupied HU | 2,138 (14.4%) |
| Vacant Housing Units | 472 ( 3.2%) |
| Median Home Value | $441,156 |
| Average Home Value | $497,392 |
Housing Distribution
Address Breakdown
Residential
13,607
Single Family
13,101
Multi-Family
506
Businesses
605
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Listed by: Rachel Mann • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20888382
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.