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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Edgecliff Village at 1604 Lagoona Ln, Edgecliff Village, TX, 76134 offers $2,220/mo rent that, after a $1,346/mo payment, leaves $264/mo cash flow. Total monthly income is $2,220/mo, and annual cash flow is $3,173/yr on $91,163 cash. Return on cash invested measures 23.39% in year one, and rental yield stands at 9.69% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 122.75% and total cumulative return in cash reaches $111,899. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,220/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
9,191 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76134, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,373 (100%) |
| Owner Occupied HU | 5,934 (63.3%) |
| Renter Occupied HU | 3,001 (32.0%) |
| Vacant Housing Units | 438 ( 4.7%) |
| Median Home Value | $300,726 |
| Average Home Value | $318,461 |
Residential
9,311
Single Family
8,004
Multi-Family
1,307
Businesses
316
Date | Event | Price |
|---|---|---|
| 2024-11-21 | Listed for sale | $275,000 |
| 2024-11-18 | Contingent | $275,000 |
| 2024-11-14 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $1130.28 | -20.00% | $197,732 | 4.68% |
| 2023-12-27 | $1412.92 | -1.14% | $188,891 | 11.52% |
| 2022-12-27 | $1429.25 | 3.46% | $169,375 | 17.50% |
Listed by: Shari Dickinson • House Brokerage
Mls Name: NTREIS
Mls ID: #20712853
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.
