228 Wagon Spoke Way BUILDING 13Fort WorthTX76120
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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 228 Wagon Spoke Way BUILDING 13, Fort Worth, TX, 76120 generates $2,604/mo in rent and, after a $1,547/mo payment, leaves $32/mo in cash flow. Total monthly income is $2,604/mo, and annual cash flow is $379/yr on $104,751 invested. Return on cash invested sits at 20.27% in year one, and rental yield is 9.89% on a $315,990 entry. Equity gained on principal adds $2,039/yr, while 5% annual appreciation builds toward $87,302 over five years. Five-year ROI reaches 107.34% and total cumulative return in cash sums $112,444. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,604/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
1,785 sqft lot
$N/A/sqft
$325 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76120, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,123 (100%) |
| Owner Occupied HU | 4,007 (43.9%) |
| Renter Occupied HU | 4,644 (50.9%) |
| Vacant Housing Units | 472 ( 5.2%) |
| Median Home Value | $334,226 |
| Average Home Value | $447,957 |
Housing Distribution
Address Breakdown
Residential
8,754
Single Family
4,479
Multi-Family
4,275
Businesses
220
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Listed by: Ben Caballero • Historymaker Homes
Mls Name: NTREIS
Mls ID: #21063801
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.