11733 Merlotte LnFort WorthTX76244
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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
Rental property for sale in Fort Worth at 11733 Merlotte Ln, Fort Worth, TX, 76244 priced at $629,900 converts $5,765/mo rent into $1,214/mo cash flow after a $3,083/mo obligation. Total monthly income equals $5,765/mo, and annual cash flow totals $14,569/yr on $207,237 invested. Return on cash invested prints 27.09% in year one, and rental yield reads 10.98% against a $629,900 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation compiles into $174,030 by year five. Five-year ROI reaches 142.71% and total cumulative return in cash sums $295,743. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,765/mo property income covering a $3,083/mo payment, not borrower’s personal income.
Single Family
Built in 2013
7,187 sqft lot
$N/A/sqft
$430 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76244, Keller, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,695 (100%) |
| Owner Occupied HU | 18,397 (68.9%) |
| Renter Occupied HU | 7,598 (28.5%) |
| Vacant Housing Units | 700 ( 2.6%) |
| Median Home Value | $378,885 |
| Average Home Value | $407,197 |
Housing Distribution
Address Breakdown
Residential
27,037
Single Family
22,763
Multi-Family
4,274
Businesses
1,631
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Listed by: Stacey Leverett • All City Real Estate, Ltd. Co.
Mls Name: NTREIS
Mls ID: #20709617
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.