661 Oak 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
Rental property for sale in Hurst at 661 Oak Dr, Hurst, TX, 76053 priced at $225,000 converts $1,511/mo rent into after a $1,101/mo obligation. Total monthly income equals $1,511/mo. Return on cash invested prints 18.48% in year one, and rental yield reads 8.06% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 96.45% and total cumulative return in cash sums $71,937. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,511/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1963
7,318 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices