2823 Summit View DrBedfordTX76021
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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 2823 Summit View Dr, Bedford, TX, 76021 priced at $275,000 pairs $2,728/mo rent with $772/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,728/mo, and annual cash flow comes to $9,269/yr on $91,163 invested. Return on cash invested is 30.08% in year one, and rental yield stands at 11.9% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 158.59% and total cumulative return in cash reaches $144,575. For financing, Ziffy Mortgage’s DSCR program evaluates $2,728/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1972
3,223 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76021, Bedford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,294 (100%) |
| Owner Occupied HU | 8,683 (53.3%) |
| Renter Occupied HU | 6,937 (42.6%) |
| Vacant Housing Units | 674 ( 4.1%) |
| Median Home Value | $392,855 |
| Average Home Value | $450,494 |
Housing Distribution
Address Breakdown
Residential
16,001
Single Family
10,007
Multi-Family
5,994
Businesses
924
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