1346 E Richmond AveFort WorthTX76104
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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 1346 E Richmond Ave, Fort Worth, TX, 76104 at $194,900 posts ROI 18.63% with from $1,465/mo rent. Total monthly income equals $1,465/mo. Return on cash invested measures 18.63% and rental yield reads 9.02% at the current $194,900. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,847 by year five. Five-year ROI prints 98.24% and total cumulative return in cash totals $63,471. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,465/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1928
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76104, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,503 (100%) |
| Owner Occupied HU | 3,333 (31.7%) |
| Renter Occupied HU | 6,088 (58.0%) |
| Vacant Housing Units | 1,082 (10.3%) |
| Median Home Value | $156,599 |
| Average Home Value | $361,071 |
Housing Distribution
Address Breakdown
Residential
10,158
Single Family
6,350
Multi-Family
3,808
Businesses
1,531
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Listed by: Jody Wall • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20933426
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.