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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% |
Rental property for sale in Fort Worth at 1037 Roaring Springs Rd, Fort Worth, TX, 76114 priced at $150,000 converts $1,572/mo rent into $160/mo cash flow after a $734/mo obligation. Total monthly income equals $1,572/mo, and annual cash flow totals $1,914/yr on $49,725 invested. Return on cash invested prints 23.76% in year one, and rental yield reads 12.58% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 127.77% and total cumulative return in cash sums $63,534. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,572/mo property income covering a $734/mo payment, not borrower’s personal income.
Condo
Built in 1970
2,395 sqft lot
$N/A/sqft
$346 monthly HOA
Neighborhood data shown for ZIP Code: 76114, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,109 (100%) |
| Owner Occupied HU | 6,070 (50.1%) |
| Renter Occupied HU | 4,859 (40.1%) |
| Vacant Housing Units | 1,180 ( 9.7%) |
| Median Home Value | $246,422 |
| Average Home Value | $339,763 |
Residential
11,030
Single Family
9,409
Multi-Family
1,621
Businesses
720
Date | Event | Price |
|---|---|---|
| 2024-10-21 | Price change | $150,000 |
| 2024-10-09 | Listed for sale | $139,900 |
| 2024-09-27 | Listing removed | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-10-23 | $2365.33 | 23.09% | $83,491 | 23.32% |
| 2015-10-23 | $1921.60 | N/A | $67,700 | N/A |
| 2014-10-23 | $1921.60 | N/A | $67,700 | N/A |
Listed by: Selene Landeros • Key Properties
Mls Name: NTREIS
Mls ID: #20675463
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.
