




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 1202 Lipscomb St, Fort Worth, TX, 76104 offers a 8.91% rental yield on a $522,700 purchase with $3,880/mo rent. Total monthly income registers $3,880/mo, and a $2,558/mo payment leaves $63/mo available for distribution. Annual cash flow reaches $760/yr on $171,968 to close, and return on cash invested stands at 20.5% in year one. Equity gained on principal adds $3,373/yr while 5% annual appreciation supports $144,412 over five years. Portfolio math shows five-year ROI at 107.47% and total cumulative return in cash at $184,819. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,880/mo property income against a $2,558/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
2,308 sqft lot
$N/A/sqft
$100 monthly 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 |
|---|---|---|
| 2025-09-26 | Listing removed | $540,000 |
| 2025-07-25 | Listed for sale | $540,000 |
| 2010-04-24 | Listing removed | $319,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $4105.74 | -35.89% | $562,686 | 4.85% |
| 2023-10-26 | $6403.78 | -1.74% | $536,645 | 13.47% |
| 2022-10-26 | $6517.15 | 1.50% | $472,951 | 15.84% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A