1317 Harrington 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
Rental property for sale in Fort Worth at 1317 Harrington Ave, Fort Worth, TX, 76164 priced at $260,000 converts $1,318/mo rent into after a $1,273/mo obligation. Total monthly income equals $1,318/mo. Return on cash invested prints 12.51% in year one, and rental yield reads 6.08% against a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 64.39% and total cumulative return in cash sums $55,493. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,318/mo property income covering a $1,273/mo payment, not borrower’s personal income.
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: Sharon Mays • Mays Realty Group
Mls Name: NTREIS
Mls ID: #20917022
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.