1324 Espada StFort WorthTX76052
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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 1324 Espada St, Fort Worth, TX, 76052 offers a 12.09% rental yield on a $357,460 purchase with $3,600/mo rent. Total monthly income registers $3,600/mo, and a $1,750/mo payment leaves $1,058/mo available for distribution. Annual cash flow reaches $12,692/yr on $118,498 to close, and return on cash invested stands at 30.62% in year one. Equity gained on principal adds $2,307/yr while 5% annual appreciation supports $98,760 over five years. Portfolio math shows five-year ROI at 161.48% and total cumulative return in cash at $191,356. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,600/mo property income against a $1,750/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76052, Haslet, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,869 (100%) |
| Owner Occupied HU | 12,259 (82.4%) |
| Renter Occupied HU | 2,138 (14.4%) |
| Vacant Housing Units | 472 ( 3.2%) |
| Median Home Value | $441,156 |
| Average Home Value | $497,392 |
Housing Distribution
Address Breakdown
Residential
13,607
Single Family
13,101
Multi-Family
506
Businesses
605
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Listed by: Melissa Thompson • Taylor Morrison
Mls Name: Taylor Morrison
Mls Provider:
Mls ID: #N/A