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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% |
Rental property for sale in Fort Worth at 2309 Simmental Rd, Fort Worth, TX, 76131 offers $2,760/mo rent that, after a $1,859/mo payment. Total monthly income is $2,760/mo. Return on cash invested measures 19.66% in year one, and rental yield stands at 8.72% at a $379,900 entry. Equity gained on principal adds $2,451/yr while 5% annual appreciation compounds into $104,959 by year five. Five-year ROI records 103.06% and total cumulative return in cash reaches $129,785. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,760/mo property income versus a $1,859/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
5,662 sqft lot
$N/A/sqft
$172 quarterly HOA
Neighborhood data shown for ZIP Code: 76131, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,998 (100%) |
| Owner Occupied HU | 14,795 (74.0%) |
| Renter Occupied HU | 4,776 (23.9%) |
| Vacant Housing Units | 427 ( 2.1%) |
| Median Home Value | $349,723 |
| Average Home Value | $371,956 |
Residential
19,770
Single Family
16,925
Multi-Family
2,845
Businesses
395
Date | Event | Price |
|---|---|---|
| 2024-09-19 | Listed for sale | $379,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $6635.67 | 8.37% | $382,079 | -4.80% |
| 2023-12-27 | $6123.07 | -13.60% | $401,328 | 14.11% |
| 2022-12-27 | $7087.01 | 3.70% | $351,693 | 24.69% |
Listed by: Yary Diaz Nieves • DIMERO REALTY GROUP
Mls Name: NTREIS
Mls ID: #20731759
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.
