501 Merrill DrBedfordTX76022
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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 501 Merrill Dr, Bedford, TX, 76022 earns from $2,150/mo rent with a $1,615/mo payment. Total monthly income totals $2,150/mo. ROI tracks 17.75% on current figures, and rental yield reads 7.82% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 92.5% and total cumulative return in cash sums $101,195. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,150/mo property income instead of your personal income.
Single Family
Built in 1959
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76022, Bedford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,414 (100%) |
| Owner Occupied HU | 3,105 (48.4%) |
| Renter Occupied HU | 2,975 (46.4%) |
| Vacant Housing Units | 334 ( 5.2%) |
| Median Home Value | $304,279 |
| Average Home Value | $371,315 |
Housing Distribution
Address Breakdown
Residential
6,288
Single Family
4,160
Multi-Family
2,128
Businesses
427
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