4608 Biscayne DrHaltom 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
Investment property for sale in Haltom City at 4608 Biscayne Dr, Haltom City, TX, 76117 offers a 11.36% rental yield on a $242,900 purchase with $2,299/mo rent. Total monthly income registers $2,299/mo, and a $1,189/mo payment leaves $442/mo available for distribution. Annual cash flow reaches $5,307/yr on $80,521 to close, and return on cash invested stands at 26.5% in year one. Equity gained on principal adds $1,567/yr while 5% annual appreciation supports $67,109 over five years. Portfolio math shows five-year ROI at 140.13% and total cumulative return in cash at $112,837. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,299/mo property income against a $1,189/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
9,191 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: Chris Mcdonald • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20759764
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.