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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Fort Worth at 2301 Ridgmar Plz APT 21, Fort Worth, TX, 76116 listed at $250,000 pairs $1,719/mo rent with a $1,224/mo payment. Total monthly income runs $1,719/mo. Return on cash invested measures 9.26% in year one, and rental yield registers 8.25% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 50.52% and total cumulative return in cash totals $41,866. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,719/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1962
2,570 sqft lot
$N/A/sqft
$676 monthly HOA
Neighborhood data shown for ZIP Code: 76116, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,108 (100%) |
| Owner Occupied HU | 8,432 (33.6%) |
| Renter Occupied HU | 14,659 (58.4%) |
| Vacant Housing Units | 2,017 ( 8.0%) |
| Median Home Value | $366,259 |
| Average Home Value | $466,167 |
Residential
23,925
Single Family
13,115
Multi-Family
10,810
Businesses
1,943
Date | Event | Price |
|---|---|---|
| 2025-01-16 | Price change | $250,000 |
| 2024-12-13 | Price change | $260,000 |
| 2024-11-06 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-02-13 | $1355.01 | 385.77% | $47,829 | 3.75% |
| 2015-02-13 | $278.94 | N/A | $46,100 | N/A |
| 2014-02-13 | $278.94 | N/A | $46,100 | N/A |
Listed by: Lori Fowler • Charitable Realty
Mls Name: NTREIS
Mls ID: #20772180
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.
