700 Oakwood AveHurstTX76053
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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 700 Oakwood Ave, Hurst, TX, 76053 priced at $315,000 converts $3,887/mo rent into $1,647/mo cash flow after a $1,542/mo obligation. Total monthly income equals $3,887/mo, and annual cash flow totals $19,761/yr on $104,423 invested. Return on cash invested prints 38.83% in year one, and rental yield reads 14.81% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 205.54% and total cumulative return in cash sums $214,625. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,887/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1961
10,497 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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Listed by: Leslie Graves • Gateway Real Estate
Mls Name: NTREIS
Mls ID: #20660277
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.