1524 Morrison DrFort WorthTX76112
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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 1524 Morrison Dr, Fort Worth, TX, 76112 earns $152/mo cash flow from $2,855/mo rent with a $1,835/mo payment. Total monthly income totals $2,855/mo, and annual cash flow totals $1,819/yr on $124,309 capital. ROI tracks 21.37% on current figures, and rental yield reads 9.14% at a $374,990 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,603 over five years. Five-year ROI reaches 112.03% and total cumulative return in cash sums $139,260. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,855/mo property income instead of your personal income.
Single Family
Built in 2006
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76112, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,210 (100%) |
| Owner Occupied HU | 8,035 (44.1%) |
| Renter Occupied HU | 8,664 (47.6%) |
| Vacant Housing Units | 1,511 ( 8.3%) |
| Median Home Value | $268,312 |
| Average Home Value | $319,616 |
Housing Distribution
Address Breakdown
Residential
17,912
Single Family
12,782
Multi-Family
5,130
Businesses
898
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Listed by: Harun Hersi • Only 1 Realty Group Dallas
Mls Name: NTREIS
Mls ID: #20824978
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.