230 Michael BlvdHurstTX76053
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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 230 Michael Blvd, Hurst, TX, 76053 offers $2,185/mo rent that, after a $1,081/mo payment, leaves $541/mo cash flow. Total monthly income is $2,185/mo, and annual cash flow is $6,491/yr on $73,228 cash. Return on cash invested measures 28.77% in year one, and rental yield stands at 11.87% at a $220,900 entry. Equity gained on principal adds $1,425/yr while 5% annual appreciation compounds into $61,031 by year five. Five-year ROI records 152.01% and total cumulative return in cash reaches $111,318. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,185/mo property income versus a $1,081/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.21 sqft lot
$N/A/sqft
No 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: Shraddha Adhikari • Fishtail Realty LC
Mls Name: NTREIS
Mls ID: #20909186
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.