3216 Red Oak LnBedfordTX76021
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3216 Red Oak Ln, Bedford, TX, 76021 in Bedford is a solid income-producing rental, 9.88% gross yield, $2,839/mo rent, $386/mo net cash flow on a $345,000 buy. DSCR 1.83 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $95,317 and $3,177/yr in principal reduction project a total cumulative return of $157,077.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.2% |
| Monthly Cash Flow | $386 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,839 |
| Total Monthly Debt Service | $2,316 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1977
7,927 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
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
Single Family
Built in 1977
7,927 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lily Moore • Lily Moore Realty
Mls Name: NTREIS
Mls ID: #21213487
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.