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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% |
Investment property for sale in Fort Worth at 1608 Andrew Ave, Fort Worth, TX, 76105 with 5% annual appreciation on a $205,000 basis while $2,054/mo rent supports operations. Total monthly income totals $2,054/mo and a $1,003/mo payment preserves $520/mo for cash returns. Annual cash flow comes to $6,243/yr on $67,958 deployed, and return on cash invested reaches 29.1% in year one. Equity gained on principal adds $1,323/yr, and five-year appreciation sums $56,638 alongside rental yield of 12.02%. Five-year ROI measures 153.85% and total cumulative return in cash totals $104,550.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,054/mo property income versus a $1,003/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1935
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76105, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,993 (100%) |
| Owner Occupied HU | 4,041 (50.6%) |
| Renter Occupied HU | 3,316 (41.5%) |
| Vacant Housing Units | 636 ( 8.0%) |
| Median Home Value | $111,427 |
| Average Home Value | $171,274 |
Residential
7,461
Single Family
6,952
Multi-Family
509
Businesses
717
Date | Event | Price |
|---|---|---|
| 2024-12-26 | Listed for sale | $205,000 |
| 2024-11-05 | Listing removed | $205,000 |
| 2024-10-15 | Price change | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $4319.70 | -3.47% | $192,510 | -2.66% |
| 2023-12-27 | $4475.19 | 18.54% | $197,775 | 36.18% |
| 2022-12-27 | $3775.41 | 5.93% | $145,230 | 9.54% |
Listed by: Anthony Coleman • NB Elite Realty
Mls Name: NTREIS
Mls ID: #20802757
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.
