1617 Montrose DrRiver OaksTX76114
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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
Rental property for sale in River Oaks at 1617 Montrose Dr, River Oaks, TX, 76114 generates $1,668/mo in rent and, after a $978/mo payment, leaves $247/mo in cash flow. Total monthly income is $1,668/mo, and annual cash flow is $2,963/yr on $66,267 invested. Return on cash invested sits at 24.38% in year one, and rental yield is 10.01% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 128.01% and total cumulative return in cash sums $84,829. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,668/mo property income rather than buyer’s personal income.
Single Family
Built in 1943
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76114, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,109 (100%) |
| Owner Occupied HU | 6,070 (50.1%) |
| Renter Occupied HU | 4,859 (40.1%) |
| Vacant Housing Units | 1,180 ( 9.7%) |
| Median Home Value | $246,422 |
| Average Home Value | $339,763 |
Housing Distribution
Address Breakdown
Residential
11,030
Single Family
9,409
Multi-Family
1,621
Businesses
720
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Listed by: Jose Berlanga • Brazos River Realty, LLC
Mls Name: NTREIS
Mls ID: #21045433