716 Norwood 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 716 Norwood Dr, Hurst, TX, 76053 offers $1,700/mo rent that, after a $1,175/mo payment. Total monthly income is $1,700/mo. Return on cash invested measures 19.8% in year one, and rental yield stands at 8.5% at a $240,000 entry. Equity gained on principal adds $1,549/yr while 5% annual appreciation compounds into $66,308 by year five. Five-year ROI records 103.47% and total cumulative return in cash reaches $82,322. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,700/mo property income versus a $1,175/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
9,583 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: Bev Young • Weichert Realtors/Property Partners
Mls Name: NTREIS
Mls ID: #20940507
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.