








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 1245 E Allen Ave, Fort Worth, TX, 76104 offers a 15.14% rental yield on a $239,500 purchase with $3,022/mo rent. Total monthly income registers $3,022/mo, and a $1,172/mo payment leaves $1,319/mo available for distribution. Annual cash flow reaches $15,829/yr on $79,394 to close, and return on cash invested stands at 39.85% in year one. Equity gained on principal adds $1,545/yr while 5% annual appreciation supports $66,169 over five years. Portfolio math shows five-year ROI at 211.03% and total cumulative return in cash at $167,545. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,022/mo property income against a $1,172/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
6,534 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 |
|---|---|---|
| 2025-06-27 | Price change | $239,500 |
| 2025-06-24 | Price change | $240,000 |
| 2025-06-19 | Price change | $242,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $2302.77 | N/A | N/A | N/A |
| 2023-07-01 | N/A | N/A | $55,154 | 42.79% |
| 2022-07-01 | N/A | N/A | $38,626 | 18.85% |



Listed by: Kirk Kaparoff • Summit Cove Realty, Inc.
Mls Name: NTREIS
Mls ID: #20965280
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.