2603 Ross 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 2603 Ross Ave, Fort Worth, TX, 76164 offers a 9.5% rental yield on a $179,000 purchase with $1,417/mo rent. Total monthly income registers $1,417/mo, and a $876/mo payment leaves $144/mo available for distribution. Annual cash flow reaches $1,731/yr on $59,339 to close, and return on cash invested stands at 22.83% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 119.76% and total cumulative return in cash at $71,067. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,417/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1921
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: Celissa Irizarry • Corey Simpson & Associates
Mls Name: NTREIS
Mls ID: #21035064
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.