1612 Andrew AveFort WorthTX76105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1612 Andrew Ave, Fort Worth, TX, 76105 earns $301/mo cash flow from $1,957/mo rent with a $1,140/mo payment. Total monthly income totals $1,957/mo, and annual cash flow totals $3,606/yr on $77,239 capital. ROI tracks 24.58% on current figures, and rental yield reads 10.08% at a $232,999 purchase. Equity gained on principal adds $1,504/yr, and 5% annual appreciation supports $64,373 over five years. Five-year ROI reaches 129.11% and total cumulative return in cash sums $99,720. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,957/mo property income instead of your personal income.
Single Family
Built in 1951
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76105, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,461
Single Family
6,952
Multi-Family
509
Businesses
717
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Gomez • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #21054469