602 Timberline DrHurstTX76053
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hurst at 602 Timberline Dr, Hurst, TX, 76053 at $189,500 posts ROI 28.79% with $465/mo cash flow from $1,813/mo rent. Total monthly income equals $1,813/mo, and annual cash flow records $5,579/yr on $62,819 to close. Return on cash invested measures 28.79% and rental yield reads 11.48% at the current $189,500. Equity gained on principal adds $1,223/yr, and 5% annual appreciation supports $52,355 by year five. Five-year ROI prints 151.65% and total cumulative return in cash totals $95,267.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,813/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1981
3,310 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76053, Hurst, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,639 (100%) |
| Owner Occupied HU | 6,598 (52.2%) |
| Renter Occupied HU | 5,516 (43.6%) |
| Vacant Housing Units | 525 ( 4.2%) |
| Median Home Value | $307,254 |
| Average Home Value | $328,788 |
Housing Distribution
Address Breakdown
Residential
12,680
Single Family
10,345
Multi-Family
2,335
Businesses
1,438
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