2221 Old Leonard StFort WorthTX76119
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
Investment property for sale in Fort Worth at 2221 Old Leonard St, Fort Worth, TX, 76119 at $299,000 posts ROI 38.97% with $1,574/mo cash flow from $3,700/mo rent. Total monthly income equals $3,700/mo, and annual cash flow records $18,891/yr on $99,119 to close. Return on cash invested measures 38.97% and rental yield reads 14.85% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 206.28% and total cumulative return in cash totals $204,466.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,700/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76119, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,035 (100%) |
| Owner Occupied HU | 8,890 (52.2%) |
| Renter Occupied HU | 7,287 (42.8%) |
| Vacant Housing Units | 858 ( 5.0%) |
| Median Home Value | $136,930 |
| Average Home Value | $177,699 |
Housing Distribution
Address Breakdown
Residential
16,480
Single Family
13,037
Multi-Family
3,443
Businesses
1,217
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keyatta Johnson • The Vibe Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20697927
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.