13501 Leather Strap DrFort WorthTX76109
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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 13501 Leather Strap Dr, Fort Worth, TX, 76109 offers a 8.17% rental yield on a $375,900 purchase with $2,559/mo rent. 81% in year one. Equity gained on principal adds $2,426/yr while 5% annual appreciation supports $103,854 over five years. Portfolio math shows five-year ROI at 98.16% and total cumulative return in cash at $122,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,559/mo property income against a $1,840/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76109, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,126 (100%) |
| Owner Occupied HU | 5,005 (38.1%) |
| Renter Occupied HU | 6,717 (51.2%) |
| Vacant Housing Units | 1,404 (10.7%) |
| Median Home Value | $634,057 |
| Average Home Value | $720,302 |
Housing Distribution
Address Breakdown
Residential
12,941
Single Family
7,116
Multi-Family
5,825
Businesses
945
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Listed by: Jim Carter • Martin Realty Group
Mls Name: NTREIS
Mls ID: #21042520