208 Lemley DrFort WorthTX76131
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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
Rental property for sale in Fort Worth at 208 Lemley Dr, Fort Worth, TX, 76131 priced at $485,000 converts $3,642/mo rent into $193/mo cash flow after a $2,374/mo obligation. Total monthly income equals $3,642/mo, and annual cash flow totals $2,315/yr on $160,778 invested. Return on cash invested prints 21.35% in year one, and rental yield reads 9.01% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 111.76% and total cumulative return in cash sums $179,678. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,642/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Single Family
Built in 2020
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76131, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,998 (100%) |
| Owner Occupied HU | 14,795 (74.0%) |
| Renter Occupied HU | 4,776 (23.9%) |
| Vacant Housing Units | 427 ( 2.1%) |
| Median Home Value | $349,723 |
| Average Home Value | $371,956 |
Housing Distribution
Address Breakdown
Residential
19,770
Single Family
16,925
Multi-Family
2,845
Businesses
395
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Listed by: Tammy Gill • All City
Mls Name: NTREIS
Mls ID: #21158458