13216 Cheatham CtFort WorthTX76244
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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
Investment property for sale in Fort Worth at 13216 Cheatham Ct, Fort Worth, TX, 76244 uses $120,998 cash to close to unlock $3,793/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $2,942/mo, and a $1,786/mo payment keeps the spread at $316/mo. Purchase price stands at $365,000, and rental yield measures 9.67% with $2,942/mo rent. Return on cash invested shows 23.04% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 121.01% and total cumulative return in cash records $146,419. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,942/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 2006
7,492 sqft lot
$N/A/sqft
$185 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76244, Keller, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,695 (100%) |
| Owner Occupied HU | 18,397 (68.9%) |
| Renter Occupied HU | 7,598 (28.5%) |
| Vacant Housing Units | 700 ( 2.6%) |
| Median Home Value | $378,885 |
| Average Home Value | $407,197 |
Housing Distribution
Address Breakdown
Residential
27,037
Single Family
22,763
Multi-Family
4,274
Businesses
1,631
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Listed by: Jennifer Underhill • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #20995440
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.