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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 1039 Roaring Springs Rd, Fort Worth, TX, 76114 listed at $159,900 pairs $1,572/mo rent with a $783/mo payment to leave $89/mo cash flow. Total monthly income runs $1,572/mo, and annual cash flow reaches $1,063/yr on $53,007 cash to close. Return on cash invested measures 21.91% in year one, and rental yield registers 11.8% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 117.69% and total cumulative return in cash totals $62,382. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,572/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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 |
|---|---|---|
| 2024-10-16 | Price change | $159,900 |
| 2024-08-16 | Listed for sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-10-23 | $1647.38 | 2.48% | $83,491 | 23.32% |
| 2015-10-23 | $1607.53 | N/A | $67,700 | N/A |
| 2014-10-23 | $1607.53 | N/A | $67,700 | N/A |
Listed by: Mike Mannion • Keller Williams Lonestar DFW
Mls Name: NTREIS
Mls ID: #20701941
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.
