5708 Melinda StHaltom 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
Rental property for sale in Haltom City at 5708 Melinda St, Haltom City, TX, 76117 offers $3,488/mo rent that, after a $1,436/mo payment, leaves $1,402/mo cash flow. Total monthly income is $3,488/mo, and annual cash flow is $16,822/yr on $97,229 cash. Return on cash invested measures 37.21% in year one, and rental yield stands at 14.27% at a $293,300 entry. Equity gained on principal adds $1,893/yr while 5% annual appreciation compounds into $81,033 by year five. Five-year ROI records 196.83% and total cumulative return in cash reaches $191,372. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,488/mo property income versus a $1,436/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A