1629 Scenery Hill RdFort WorthTX76103
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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 1629 Scenery Hill Rd, Fort Worth, TX, 76103 uses $64,643 cash to close to unlock $1,425/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $1,505/mo, and a $954/mo payment keeps the spread at $119/mo. Purchase price stands at $195,000, and rental yield measures 9.26% with $1,505/mo rent. Return on cash invested shows 22.11% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 115.89% and total cumulative return in cash records $74,914. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,505/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1954
10,589 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76103, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,794 (100%) |
| Owner Occupied HU | 3,055 (52.7%) |
| Renter Occupied HU | 2,220 (38.3%) |
| Vacant Housing Units | 519 ( 9.0%) |
| Median Home Value | $221,889 |
| Average Home Value | $277,565 |
Housing Distribution
Address Breakdown
Residential
5,361
Single Family
4,888
Multi-Family
473
Businesses
399
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Listed by: Michelle Appling • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #20897171
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.