613 Rankin DrBedfordTX76022
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
Rental property for sale in Bedford at 613 Rankin Dr, Bedford, TX, 76022 priced at $394,600 pairs $3,160/mo rent with $354/mo cash flow after a $1,931/mo payment. Total monthly income equals $3,160/mo, and annual cash flow comes to $4,252/yr on $130,810 invested. Return on cash invested is 23.16% in year one, and rental yield stands at 9.61% on a $394,600 basis. Equity gained on principal adds $2,546/yr, and 5% annual appreciation accumulates to $109,021 by year five. Five-year ROI measures 121.5% and total cumulative return in cash reaches $158,940. For financing, Ziffy Mortgage’s DSCR program evaluates $3,160/mo property income against a $1,931/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
