3145 Ray Dr WHaltom CityTX76117
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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 Haltom City at 3145 Ray Dr W, Haltom City, TX, 76117 generates $1,928/mo in rent and, after a $1,222/mo payment, leaves $123/mo in cash flow. Total monthly income is $1,928/mo, and annual cash flow is $1,474/yr on $82,792 invested. Return on cash invested sits at 21.69% in year one, and rental yield is 9.26% on a $249,750 entry. Equity gained on principal adds $1,612/yr, while 5% annual appreciation builds toward $69,001 over five years. Five-year ROI reaches 113.74% and total cumulative return in cash sums $94,167. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,928/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
8,929 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76117, Haltom City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,617 (100%) |
| Owner Occupied HU | 6,697 (49.2%) |
| Renter Occupied HU | 6,211 (45.6%) |
| Vacant Housing Units | 709 ( 5.2%) |
| Median Home Value | $242,487 |
| Average Home Value | $286,749 |
Housing Distribution
Address Breakdown
Residential
11,766
Single Family
9,778
Multi-Family
1,988
Businesses
1,479
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Listed by: Paul Ruth • RE/MAX Dallas Suburbs
Mls Name: NTREIS
Mls ID: #20913842
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.