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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 1200 Tobie Layne St, Fort Worth, TX, 76126 at $280,000 posts ROI 38.7% with $1,453/mo cash flow from $3,444/mo rent. Total monthly income equals $3,444/mo, and annual cash flow records $17,440/yr on $92,820 to close. Return on cash invested measures 38.7% and rental yield reads 14.76% at the current $280,000. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 by year five. Five-year ROI prints 204.83% and total cumulative return in cash totals $190,125.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,444/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
8,407 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76126, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,352 (100%) |
| Owner Occupied HU | 9,457 (76.6%) |
| Renter Occupied HU | 2,332 (18.9%) |
| Vacant Housing Units | 563 ( 4.6%) |
| Median Home Value | $446,296 |
| Average Home Value | $526,099 |
Residential
11,808
Single Family
10,726
Multi-Family
1,082
Businesses
660
Date | Event | Price |
|---|---|---|
| 2024-08-25 | Listed for sale | $280,000 |
| 2020-11-19 | Sold | N/A |
| 2020-10-11 | Pending sale | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-08-30 | $3747.53 | 9.75% | $149,656 | 10.00% |
| 2017-08-30 | $3414.66 | 165.89% | $136,051 | 15.26% |
| 2016-08-30 | $1284.25 | -7.97% | $118,040 | 12.42% |
Listed by: Lori Brookshire • Reside Real Estate LLC
Mls Name: NTREIS
Mls ID: #20711674
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.
