1304 Needle Cactus DrFort WorthTX76177
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1304 Needle Cactus Dr, Fort Worth, TX, 76177 priced at $592,000 pairs $6,526/mo rent with $2,288/mo cash flow after a $2,898/mo payment. Total monthly income equals $6,526/mo, and annual cash flow comes to $27,459/yr on $194,768 invested. Return on cash invested is 34.16% in year one, and rental yield stands at 13.23% on a $592,000 basis. Equity gained on principal adds $3,820/yr, and 5% annual appreciation accumulates to $163,559 by year five. Five-year ROI measures 180.51% and total cumulative return in cash reaches $351,584. For financing, Ziffy Mortgage’s DSCR program evaluates $6,526/mo property income against a $2,898/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
7,318 sqft lot
$N/A/sqft
$330 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76177, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,136 (100%) |
| Owner Occupied HU | 4,738 (39.0%) |
| Renter Occupied HU | 6,293 (51.9%) |
| Vacant Housing Units | 1,105 ( 9.1%) |
| Median Home Value | $370,746 |
| Average Home Value | $395,657 |
Housing Distribution
Address Breakdown
Residential
10,858
Single Family
5,205
Multi-Family
5,653
Businesses
1,086
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gordon Skinner • HomeSmart
Mls Name: NTREIS
Mls ID: #20688415
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.