2112 Prairie AveFort WorthTX76164
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
Rental property for sale in Fort Worth at 2112 Prairie Ave, Fort Worth, TX, 76164 generates $2,576/mo in rent and, after a $807/mo payment, leaves $1,333/mo in cash flow. Total monthly income is $2,576/mo, and annual cash flow is $15,999/yr on $54,664 invested. Return on cash invested sits at 49.18% in year one, and rental yield is 18.75% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 261.61% and total cumulative return in cash sums $143,008. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,576/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76164, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,259 (100%) |
| Owner Occupied HU | 2,758 (52.4%) |
| Renter Occupied HU | 2,119 (40.3%) |
| Vacant Housing Units | 382 ( 7.3%) |
| Median Home Value | $148,554 |
| Average Home Value | $181,575 |
Housing Distribution
Address Breakdown
Residential
4,745
Single Family
4,422
Multi-Family
323
Businesses
800
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Layton • Luxely Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #18902778
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.