1500 E Morphy StFort 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 1500 E Morphy St, Fort Worth, TX, 76104 offers a 9.53% rental yield on a $219,900 purchase with $1,746/mo rent. Total monthly income registers $1,746/mo, and a $1,076/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,191/yr on $72,897 to close, and return on cash invested stands at 22.91% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 120.19% and total cumulative return in cash at $87,616. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,746/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
6,272 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: Tim Allread • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #21138543