2524 Oakwood TerFort WorthTX76117
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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
Total monthly income runs $1,427/mo, and a $1,050/mo payment. Purchase price stands at $214,500, and rental yield measures 7.98% with $1,427/mo rent. Return on cash invested shows 18.25% in year one, and 5% annual appreciation builds toward $59,262 over five years. Five-year ROI reaches 95.18% and total cumulative return in cash records $67,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,427/mo property income covering a $1,050/mo payment rather than investor’s personal income.
Single Family
Built in 1941
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76117, Haltom City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,617 (100%) |
| Owner Occupied HU | 6,697 (49.2%) |
| Renter Occupied HU | 6,211 (45.6%) |
| Vacant Housing Units | 709 ( 5.2%) |
| Median Home Value | $242,487 |
| Average Home Value | $286,749 |
Housing Distribution
Address Breakdown
Residential
11,766
Single Family
9,778
Multi-Family
1,988
Businesses
1,479
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Listed by: Dennis Askins • Askins Investment Realty
Mls Name: NTREIS
Mls ID: #21136840