1230 E Davis AveFort WorthTX76104
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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 Fort Worth at 1230 E Davis Ave, Fort Worth, TX, 76104 offers $1,693/mo rent that, after a $612/mo payment, leaves $804/mo cash flow. Total monthly income is $1,693/mo, and annual cash flow is $9,647/yr on $41,438 cash. Return on cash invested measures 43.19% in year one, and rental yield stands at 16.25% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 228.91% and total cumulative return in cash reaches $94,853. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,693/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
6,621 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76104, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,158
Single Family
6,350
Multi-Family
3,808
Businesses
1,531
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Listed by: Janet Lee • Janet S. Lee R.E. Service
Mls Name: NTREIS
Mls ID: #20789898
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.