48 Morrow 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
Rental property for sale in Bedford at 48 Morrow Dr, Bedford, TX, 76021 priced at $234,995 converts $1,663/mo rent into after a $1,150/mo obligation. Total monthly income equals $1,663/mo. Return on cash invested prints 19.79% in year one, and rental yield reads 8.49% against a $234,995 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,925 by year five. Five-year ROI reaches 103.44% and total cumulative return in cash sums $80,583. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,663/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Townhouse
Built in 1983
1,481 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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