121 Fort WayneUniversal CityTX78148
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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 Universal City at 121 Fort Wayne, Universal City, TX, 78148 generates $2,275/mo in rent and, after a $1,322/mo payment, leaves $355/mo in cash flow. Total monthly income is $2,275/mo, and annual cash flow is $4,254/yr on $89,505 invested. Return on cash invested sits at 24.66% in year one, and rental yield is 10.11% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 129.57% and total cumulative return in cash sums $115,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,275/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
8,842 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78148, Universal City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,105 (100%) |
| Owner Occupied HU | 4,810 (52.8%) |
| Renter Occupied HU | 3,729 (41.0%) |
| Vacant Housing Units | 566 ( 6.2%) |
| Median Home Value | $300,000 |
| Average Home Value | $324,744 |
Housing Distribution
Address Breakdown
Residential
9,074
Single Family
6,759
Multi-Family
2,315
Businesses
734
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Listed by: Jennifer Wilson • Redefining Home Real Estate Brokerage
Mls Name: LERA MLS
Mls ID: #1936235