3216 Scenic Hills 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
Investment property for sale in Bedford at 3216 Scenic Hills Dr, Bedford, TX, 76021 uses $102,765 cash to close to unlock $6,802/yr annual cash flow and $567/mo monthly cash flow. Total monthly income runs $2,771/mo, and a $1,517/mo payment keeps the spread at $567/mo. Purchase price stands at $310,000, and rental yield measures 10.73% with $2,771/mo rent. Return on cash invested shows 26.53% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 139.54% and total cumulative return in cash records $143,395. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,771/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1976
7,187 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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