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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 1029 E Cannon St, Fort Worth, TX, 76104 offers a 15.39% rental yield on a $207,600 purchase with $2,663/mo rent. Total monthly income registers $2,663/mo, and a $1,016/mo payment leaves $1,040/mo available for distribution. Annual cash flow reaches $12,481/yr on $68,819 to close, and return on cash invested stands at 38.05% in year one. Equity gained on principal adds $1,340/yr while 5% annual appreciation supports $57,356 over five years. Portfolio math shows five-year ROI at 202.31% and total cumulative return in cash at $139,230. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,663/mo property income against a $1,016/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76104, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,503 (100%) |
| Owner Occupied HU | 3,333 (31.7%) |
| Renter Occupied HU | 6,088 (58.0%) |
| Vacant Housing Units | 1,082 (10.3%) |
| Median Home Value | $156,599 |
| Average Home Value | $361,071 |
Residential
10,158
Single Family
6,350
Multi-Family
3,808
Businesses
1,531
Date | Event | Price |
|---|---|---|
| 2025-07-15 | Listing removed | $220,000 |
| 2025-06-02 | Pending sale | $220,000 |
| 2025-05-22 | Contingent | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $5206.63 | 2.79% | $232,037 | 3.66% |
| 2023-10-26 | $5065.21 | N/A | $223,850 | 12.57% |
| 2022-10-26 | N/A | N/A | $198,849 | 24.70% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
