241 Wagon Spoke Way Building 18Fort WorthTX76120
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 241 Wagon Spoke Way Building 18, Fort Worth, TX, 76120 uses $105,414 cash to close to unlock $4,117/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $2,604/mo, and a $1,556/mo payment keeps the spread at $343/mo. Purchase price stands at $317,990, and rental yield measures 9.83% with $2,604/mo rent. Return on cash invested shows 23.81% in year one, and 5% annual appreciation builds toward $87,855 over five years. Five-year ROI reaches 125.02% and total cumulative return in cash records $131,792. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,604/mo property income covering a $1,556/mo payment rather than investor’s personal income.
Townhouse
Built in 2026
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • HistoryMaker Homes
Mls Name: HistoryMaker Homes
Mls Provider:
Mls ID: #N/A