823 E Harwood RdHurstTX76054
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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
Investment property for sale in Hurst at 823 E Harwood Rd, Hurst, TX, 76054 offers a 9.27% rental yield on a $174,900 purchase with $1,351/mo rent. Total monthly income registers $1,351/mo, and a $856/mo payment leaves $107/mo available for distribution. Annual cash flow reaches $1,288/yr on $57,979 to close, and return on cash invested stands at 22.13% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Portfolio math shows five-year ROI at 116.01% and total cumulative return in cash at $67,260. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,351/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
N/A 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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