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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Fort Worth at 1016 Sharondale St, Fort Worth, TX, 76115 with 5% annual appreciation on a $245,000 basis while $2,010/mo rent supports operations. Total monthly income totals $2,010/mo and a $1,199/mo payment preserves $268/mo for cash returns. Annual cash flow comes to $3,215/yr on $81,218 deployed, and return on cash invested reaches 23.87% in year one. Equity gained on principal adds $1,581/yr, and five-year appreciation sums $67,689 alongside rental yield of 9.84%. Five-year ROI measures 125.28% and total cumulative return in cash totals $101,748.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,010/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
7,579 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76115, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,421 (100%) |
| Owner Occupied HU | 3,088 (48.1%) |
| Renter Occupied HU | 3,013 (46.9%) |
| Vacant Housing Units | 320 ( 5.0%) |
| Median Home Value | $162,418 |
| Average Home Value | $222,520 |
Residential
6,228
Single Family
5,856
Multi-Family
372
Businesses
774
Date | Event | Price |
|---|---|---|
| 2024-06-15 | Listed for sale | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $1787.72 | -29.63% | $191,792 | 23.02% |
| 2022-08-14 | $2540.40 | 0.21% | $155,903 | 22.95% |
| 2021-08-14 | $2535.02 | -10.01% | $126,801 | 23.48% |
Listed by: Gabriela Emerton • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20637836
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.
