221 W Lancaster Ave UNIT 5003Fort 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
Investment property for sale in Fort Worth at 221 W Lancaster Ave UNIT 5003, Fort Worth, TX, 76102 listed at $199,870 pairs $1,691/mo rent with a $978/mo payment to leave $270/mo cash flow. Total monthly income runs $1,691/mo, and annual cash flow reaches $3,239/yr on $66,257 cash to close. Return on cash invested measures 24.8% in year one, and rental yield registers 10.15% at a $199,870 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,220 by year five. Five-year ROI tracks 130.24% and total cumulative return in cash totals $86,295. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,691/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1930
N/A 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: Marymargaret Davis • Mary Margaret Davis, Broker
Mls Name: NTREIS
Mls ID: #21091821