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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% |
Investment property for sale in Fort Worth at 2603 Simondale Dr, Fort Worth, TX, 76109 listed at $1,800,000 pairs $3,360/mo rent with a $8,810/mo payment. Total monthly income runs $3,360/mo. Return on cash invested measures 0.95% in year one, and rental yield registers 2.24% at a $1,800,000 basis. Equity gained on principal adds $11,615/yr, and annual property appreciation at 5% supports $497,307 by year five. Five-year ROI tracks 2.29% and total cumulative return in cash totals $13,343. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,360/mo property income relative to a $8,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76109, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,126 (100%) |
| Owner Occupied HU | 5,005 (38.1%) |
| Renter Occupied HU | 6,717 (51.2%) |
| Vacant Housing Units | 1,404 (10.7%) |
| Median Home Value | $634,057 |
| Average Home Value | $720,302 |
Residential
12,941
Single Family
7,116
Multi-Family
5,825
Businesses
945
Date | Event | Price |
|---|---|---|
| 2023-11-13 | Listed for sale | $1,800,000 |
| 2020-10-06 | Listing removed | $1,150,000 |
| 2020-09-14 | Price change | $1,150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $19877.80 | 0.03% | $878,472 | 14.92% |
| 2022-08-15 | $19871.81 | 46.97% | $764,418 | 51.97% |
| 2021-08-15 | $13520.90 | 9.68% | $503,010 | 2.95% |
Listed by: Tamara Thompson • Burt Ladner Real Estate LLC
Mls Name: NTREIS
Mls ID: #20473473
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.
