2316 Roosevelt AveFort WorthTX76164
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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 2316 Roosevelt Ave, Fort Worth, TX, 76164 uses $82,875 cash to close to unlock $3,370/yr annual cash flow and $281/mo monthly cash flow. Total monthly income runs $2,059/mo, and a $1,224/mo payment keeps the spread at $281/mo. Purchase price stands at $250,000, and rental yield measures 9.88% with $2,059/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 125.87% and total cumulative return in cash records $104,314. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,059/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1919
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76164, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,259 (100%) |
| Owner Occupied HU | 2,758 (52.4%) |
| Renter Occupied HU | 2,119 (40.3%) |
| Vacant Housing Units | 382 ( 7.3%) |
| Median Home Value | $148,554 |
| Average Home Value | $181,575 |
Housing Distribution
Address Breakdown
Residential
4,745
Single Family
4,422
Multi-Family
323
Businesses
800
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Listed by: Flor Alvarado • United Real Estate DFW
Mls Name: NTREIS
Mls ID: #21075037