1805 Melba CtRiver OaksTX76114
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 River Oaks at 1805 Melba Ct, River Oaks, TX, 76114 at $226,500 posts ROI 28.24% with $521/mo cash flow from $2,185/mo rent. Total monthly income equals $2,185/mo, and annual cash flow records $6,253/yr on $75,085 to close. Return on cash invested measures 28.24% and rental yield reads 11.58% at the current $226,500. Equity gained on principal adds $1,462/yr, and 5% annual appreciation supports $62,578 by year five. Five-year ROI prints 149.08% and total cumulative return in cash totals $111,936.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,185/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1943
7,318 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: William Huffman • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20684516
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.