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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Fort Worth at 2016 Balsam St, Fort Worth, TX, 76111 with 5% annual appreciation on a $360,900 basis while $3,126/mo rent supports operations. Total monthly income totals $3,126/mo and a $1,766/mo payment preserves $560/mo for cash returns. Annual cash flow comes to $6,720/yr on $119,638 deployed, and return on cash invested reaches 25.53% in year one. Equity gained on principal adds $2,329/yr, and five-year appreciation sums $99,710 alongside rental yield of 10.39%. Five-year ROI measures 134.16% and total cumulative return in cash totals $160,504.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,126/mo property income versus a $1,766/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76111, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,438 (100%) |
| Owner Occupied HU | 4,473 (53.0%) |
| Renter Occupied HU | 3,453 (40.9%) |
| Vacant Housing Units | 512 ( 6.1%) |
| Median Home Value | $221,259 |
| Average Home Value | $275,035 |
Residential
8,037
Single Family
7,079
Multi-Family
958
Businesses
1,079
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Price change | $360,900 |
| 2025-01-22 | Listed for sale | $365,000 |
| 2023-10-18 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $5649.48 | -23.14% | $328,390 | 1.09% |
| 2023-02-13 | $7350.47 | 1.50% | $324,844 | 16.61% |
| 2022-02-13 | $7241.59 | 9.54% | $278,566 | 13.27% |
Listed by: Bree Steele • MARK SPAIN REAL ESTATE
Mls Name: NTREIS
Mls ID: #20817160
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.
