201 W Lancaster Ave UNIT 102Fort WorthTX76102
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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 201 W Lancaster Ave UNIT 102, Fort Worth, TX, 76102 uses $70,546 cash to close to unlock $15,339/yr annual cash flow and $1,278/mo monthly cash flow. Total monthly income runs $2,792/mo, and a $1,042/mo payment keeps the spread at $1,278/mo. Purchase price stands at $212,809, and rental yield measures 15.74% with $2,792/mo rent. Return on cash invested shows 41.65% in year one, and 5% annual appreciation builds toward $58,795 over five years. Five-year ROI reaches 220.72% and total cumulative return in cash records $155,709. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,792/mo property income covering a $1,042/mo payment rather than investor’s personal income.
Condo
Built in 2006
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76102, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,825 (100%) |
| Owner Occupied HU | 934 (11.9%) |
| Renter Occupied HU | 5,248 (67.1%) |
| Vacant Housing Units | 1,643 (21.0%) |
| Median Home Value | $452,672 |
| Average Home Value | $499,269 |
Housing Distribution
Address Breakdown
Residential
6,425
Single Family
1,134
Multi-Family
5,291
Businesses
1,474
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