663 Ridgeline DrHurstTX76053
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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 Hurst at 663 Ridgeline Dr, Hurst, TX, 76053 priced at $177,000 pairs $1,801/mo rent with $195/mo cash flow after a $866/mo payment. Total monthly income equals $1,801/mo, and annual cash flow comes to $2,338/yr on $58,676 invested. Return on cash invested is 23.89% in year one, and rental yield stands at 12.21% on a $177,000 basis. Equity gained on principal adds $1,142/yr, and 5% annual appreciation accumulates to $48,902 by year five. Five-year ROI measures 128% and total cumulative return in cash reaches $75,107. For financing, Ziffy Mortgage’s DSCR program evaluates $1,801/mo property income against a $866/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1981
3,441 sqft lot
$N/A/sqft
$304 monthly 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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Listed by: Trish Whelan • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20776666
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.