2624 Meaders AveFort WorthTX76112
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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 2624 Meaders Ave, Fort Worth, TX, 76112 at $172,050 posts ROI 21.52% with $77/mo cash flow from $1,300/mo rent. Total monthly income equals $1,300/mo, and annual cash flow records $919/yr on $57,035 to close. Return on cash invested measures 21.52% and rental yield reads 9.07% at the current $172,050. Equity gained on principal adds $1,110/yr, and 5% annual appreciation supports $47,534 by year five. Five-year ROI prints 112.74% and total cumulative return in cash totals $64,301.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,300/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76112, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,210 (100%) |
| Owner Occupied HU | 8,035 (44.1%) |
| Renter Occupied HU | 8,664 (47.6%) |
| Vacant Housing Units | 1,511 ( 8.3%) |
| Median Home Value | $268,312 |
| Average Home Value | $319,616 |
Housing Distribution
Address Breakdown
Residential
17,912
Single Family
12,782
Multi-Family
5,130
Businesses
898
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Listed by: Jeffrey Robillard • Newfound Real Estate
Mls Name: NTREIS
Mls ID: #20644914