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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 1224 Colvin Ave, Fort Worth, TX, 76104 uses $82,842 cash to close to unlock $5,317/yr annual cash flow and $443/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,223/mo payment keeps the spread at $443/mo. Purchase price stands at $249,900, and rental yield measures 10.66% with $2,220/mo rent. Return on cash invested shows 26.33% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 138.53% and total cumulative return in cash records $114,758. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1946
6,011 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rebekah Gilbert • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #21048459
