2024 Charleston 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
Rental property for sale in Bedford at 2024 Charleston Dr, Bedford, TX, 76022 priced at $260,000 converts $1,807/mo rent into after a $1,273/mo obligation. Total monthly income equals $1,807/mo. Return on cash invested prints 19.32% in year one, and rental yield reads 8.34% against a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 100.9% and total cumulative return in cash sums $86,969. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,807/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.25 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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