1008 Schieffer AveFort WorthTX76110
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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 Fort Worth at 1008 Schieffer Ave, Fort Worth, TX, 76110 earns $79/mo cash flow from $1,110/mo rent with a $710/mo payment. Total monthly income totals $1,110/mo, and annual cash flow totals $943/yr on $48,068 capital. ROI tracks 21.87% on current figures, and rental yield reads 9.19% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 114.63% and total cumulative return in cash sums $55,100. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,110/mo property income instead of your personal income.
Single Family
Built in 1948
6,316 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76110, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,584 (100%) |
| Owner Occupied HU | 5,903 (51.0%) |
| Renter Occupied HU | 4,444 (38.4%) |
| Vacant Housing Units | 1,237 (10.7%) |
| Median Home Value | $307,434 |
| Average Home Value | $384,878 |
Housing Distribution
Address Breakdown
Residential
10,781
Single Family
9,526
Multi-Family
1,255
Businesses
1,127
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Listed by: Julian Whatley • United Real Estate DFW
Mls Name: NTREIS
Mls ID: #20903175
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.