203 East PlWhite SettlementTX76108
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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 White Settlement at 203 East Pl, White Settlement, TX, 76108 uses $72,930 cash to close to unlock $3,784/yr annual cash flow and $315/mo monthly cash flow. Total monthly income runs $1,880/mo, and a $1,077/mo payment keeps the spread at $315/mo. Purchase price stands at $220,000, and rental yield measures 10.25% with $1,880/mo rent. Return on cash invested shows 25.1% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 131.91% and total cumulative return in cash records $96,203. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,880/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1959
5,096 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76108, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,073 (100%) |
| Owner Occupied HU | 13,143 (65.5%) |
| Renter Occupied HU | 5,956 (29.7%) |
| Vacant Housing Units | 974 ( 4.9%) |
| Median Home Value | $319,563 |
| Average Home Value | $378,113 |
Housing Distribution
Address Breakdown
Residential
19,538
Single Family
17,115
Multi-Family
2,423
Businesses
718
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Listed by: Adil Grimaldi • Century 21 Mike Bowman, Inc.
Mls Name: Century 21 Mike Bowman Inc.
Mls ID: #21105383