1505 E Allen 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 1505 E Allen Ave, Fort Worth, TX, 76104 listed at $172,400 pairs $2,686/mo rent with a $844/mo payment to leave $1,460/mo cash flow. Total monthly income runs $2,686/mo, and annual cash flow reaches $17,518/yr on $57,151 cash to close. Return on cash invested measures 50.56% in year one, and rental yield registers 18.7% at a $172,400 basis. Equity gained on principal adds $1,112/yr, and annual property appreciation at 5% supports $47,631 by year five. Five-year ROI tracks 268.42% and total cumulative return in cash totals $153,403. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,686/mo property income relative to a $844/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
6,359 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: Anthony Cole • RE/MAX Trinity
Mls Name: NTREIS
Mls ID: #20654713
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.