1223 Lagonda AveFort WorthTX76164
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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
Investment property for sale in Fort Worth at 1223 Lagonda Ave, Fort Worth, TX, 76164 offers a 9.25% rental yield on a $149,900 purchase with $1,155/mo rent. Total monthly income registers $1,155/mo, and a $734/mo payment leaves $89/mo available for distribution. Annual cash flow reaches $1,065/yr on $49,692 to close, and return on cash invested stands at 22.05% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 115.55% and total cumulative return in cash at $57,419. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,155/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76164, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,259 (100%) |
| Owner Occupied HU | 2,758 (52.4%) |
| Renter Occupied HU | 2,119 (40.3%) |
| Vacant Housing Units | 382 ( 7.3%) |
| Median Home Value | $148,554 |
| Average Home Value | $181,575 |
Housing Distribution
Address Breakdown
Residential
4,745
Single Family
4,422
Multi-Family
323
Businesses
800
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Listed by: David Villalobos • Villa Realty LLC
Mls Name: NTREIS
Mls ID: #21074197