697 Highland Crest DrHurstTX76054
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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 697 Highland Crest Dr, Hurst, TX, 76054 priced at $549,900 converts $3,631/mo rent into after a $2,691/mo obligation. Total monthly income equals $3,631/mo. Return on cash invested prints 18.21% in year one, and rental yield reads 7.92% against a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation compiles into $151,927 by year five. Five-year ROI reaches 94.94% and total cumulative return in cash sums $171,770. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,631/mo property income covering a $2,691/mo payment, not borrower’s personal income.
Single Family
Built in 1979
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76054, Hurst, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,731 (100%) |
| Owner Occupied HU | 4,138 (87.5%) |
| Renter Occupied HU | 524 (11.1%) |
| Vacant Housing Units | 69 ( 1.5%) |
| Median Home Value | $392,903 |
| Average Home Value | $425,562 |
Housing Distribution
Address Breakdown
Residential
4,758
Single Family
4,542
Multi-Family
216
Businesses
700
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Listed by: Carolyn Barbian • Keller Williams Cedar Park
Mls Name: NTREIS
Mls ID: #20973986
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.