1709 Wiseman AveFort WorthTX76105
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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
Total monthly income runs $1,356/mo, and a $979/mo payment. Purchase price stands at $200,000, and rental yield measures 8.14% with $1,356/mo rent. Return on cash invested shows 18.71% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 97.62% and total cumulative return in cash records $64,724. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,356/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1951
6,011 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
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Listed by: Cole Mccullough • Corey Simpson & Associates
Mls Name: NTREIS
Mls ID: #21049912