2219 Fairmount AveFort WorthTX76110
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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 2219 Fairmount Ave, Fort Worth, TX, 76110 uses $148,844 cash to close to unlock $2,529/yr annual cash flow and $211/mo monthly cash flow. Total monthly income runs $3,404/mo, and a $2,198/mo payment keeps the spread at $211/mo. Purchase price stands at $449,000, and rental yield measures 9.1% with $3,404/mo rent. Return on cash invested shows 21.61% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 113.15% and total cumulative return in cash records $168,424. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,404/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 1916
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76110, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,584 (100%) |
| Owner Occupied HU | 5,903 (51.0%) |
| Renter Occupied HU | 4,444 (38.4%) |
| Vacant Housing Units | 1,237 (10.7%) |
| Median Home Value | $307,434 |
| Average Home Value | $384,878 |
Housing Distribution
Address Breakdown
Residential
10,781
Single Family
9,526
Multi-Family
1,255
Businesses
1,127
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Listed by: Maria Karnes • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #21092570