1324 NE 37th StFort WorthTX76106
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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 NE 37th St, Fort Worth, TX, 76106 uses $58,609 cash to close to unlock $9,136/yr annual cash flow and $761/mo monthly cash flow. Total monthly income runs $2,110/mo, and a $865/mo payment keeps the spread at $761/mo. Purchase price stands at $176,800, and rental yield measures 14.32% with $2,110/mo rent. Return on cash invested shows 35.5% in year one, and 5% annual appreciation builds toward $48,847 over five years. Five-year ROI reaches 188.36% and total cumulative return in cash records $110,396. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,110/mo property income covering a $865/mo payment rather than investor’s personal income.
Single Family
Built in 1985
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76106, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,830 (100%) |
| Owner Occupied HU | 5,555 (47.0%) |
| Renter Occupied HU | 5,600 (47.3%) |
| Vacant Housing Units | 675 ( 5.7%) |
| Median Home Value | $163,112 |
| Average Home Value | $181,704 |
Housing Distribution
Address Breakdown
Residential
11,131
Single Family
8,873
Multi-Family
2,258
Businesses
980
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