221 W Lancaster Ave UNIT 10007Fort WorthTX76102
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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 221 W Lancaster Ave UNIT 10007, Fort Worth, TX, 76102 generates $1,925/mo in rent and, after a $1,248/mo payment, leaves $112/mo in cash flow. Total monthly income is $1,925/mo, and annual cash flow is $1,341/yr on $84,533 invested. Return on cash invested sits at 21.5% in year one, and rental yield is 9.06% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 112.55% and total cumulative return in cash sums $95,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,925/mo property income rather than buyer’s personal income.
Condo
Built in 1930
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76102, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,825 (100%) |
| Owner Occupied HU | 934 (11.9%) |
| Renter Occupied HU | 5,248 (67.1%) |
| Vacant Housing Units | 1,643 (21.0%) |
| Median Home Value | $452,672 |
| Average Home Value | $499,269 |
Housing Distribution
Address Breakdown
Residential
6,425
Single Family
1,134
Multi-Family
5,291
Businesses
1,474
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Listed by: Cindy Peck • League Real Estate
Mls Name: NTREIS
Mls ID: #21012285