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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% |
Investment property for sale in Hurst at 244 Ridgecrest Dr, Hurst, TX, 76053 offers a 9.75% rental yield on a $324,999 purchase with $2,640/mo rent. Total monthly income registers $2,640/mo, and a $1,591/mo payment leaves $329/mo available for distribution. Annual cash flow reaches $3,943/yr on $107,737 to close, and return on cash invested stands at 23.57% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,791 over five years. Portfolio math shows five-year ROI at 123.68% and total cumulative return in cash at $133,249. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
6,098 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 |
|---|---|---|
| 2024-08-01 | Price change | $324,999 |
| 2024-07-23 | Listed for sale | $339,000 |
| 2018-09-04 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $4088.81 | -17.01% | $324,269 | 9.90% |
| 2022-08-14 | $4926.89 | N/A | $295,063 | 16.82% |
| 2021-08-14 | N/A | N/A | $252,574 | 22.76% |
Listed by: Vicky Long • Taylor Haywood
Mls Name: NTREIS
Mls ID: #20682539
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.
