213 Bower Ridge DrFort WorthTX76108
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 213 Bower Ridge Dr, Fort Worth, TX, 76108 offers $2,951/mo rent that, after a $1,835/mo payment, leaves $269/mo cash flow. Total monthly income is $2,951/mo, and annual cash flow is $3,226/yr on $124,313 cash. Return on cash invested measures 22.5% in year one, and rental yield stands at 9.44% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 118.01% and total cumulative return in cash reaches $146,703. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,951/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
6,708 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roslyn Gauntt • C21 Fine Homes Judge Fite
Mls Name: NTREIS
Mls ID: #20895102
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.