3148 Steve DrHurstTX76054
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Hurst at 3148 Steve Dr, Hurst, TX, 76054 uses $142,545 cash to close to unlock $5,038/yr annual cash flow and $420/mo monthly cash flow. Total monthly income runs $3,478/mo, and a $2,105/mo payment keeps the spread at $420/mo. Purchase price stands at $430,000, and rental yield measures 9.71% with $3,478/mo rent. Return on cash invested shows 23.44% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 123% and total cumulative return in cash records $175,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,478/mo property income covering a $2,105/mo payment rather than investor’s personal income.
Single Family
Built in 1999
7,927 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76054, Hurst, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,731 (100%) |
| Owner Occupied HU | 4,138 (87.5%) |
| Renter Occupied HU | 524 (11.1%) |
| Vacant Housing Units | 69 ( 1.5%) |
| Median Home Value | $392,903 |
| Average Home Value | $425,562 |
Housing Distribution
Address Breakdown
Residential
4,758
Single Family
4,542
Multi-Family
216
Businesses
700
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Valerie Van Ausdall • RE/MAX Town & Country
Mls Name: NTREIS
Mls ID: #20875257
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.