2768 Wingate StFort WorthTX76107
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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 2768 Wingate St, Fort Worth, TX, 76107 offers a 13.52% rental yield on a $699,900 purchase with $7,886/mo rent. Total monthly income registers $7,886/mo, and a $3,426/mo payment leaves $2,759/mo available for distribution. Annual cash flow reaches $33,103/yr on $230,267 to close, and return on cash invested stands at 34.44% in year one. Equity gained on principal adds $4,516/yr while 5% annual appreciation supports $193,369 over five years. Portfolio math shows five-year ROI at 182.21% and total cumulative return in cash at $419,576. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,886/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2018
2,178 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76107, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,751 (100%) |
| Owner Occupied HU | 7,423 (39.6%) |
| Renter Occupied HU | 8,887 (47.4%) |
| Vacant Housing Units | 2,441 (13.0%) |
| Median Home Value | $478,172 |
| Average Home Value | $589,989 |
Housing Distribution
Address Breakdown
Residential
17,768
Single Family
11,380
Multi-Family
6,388
Businesses
2,171
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Listed by: Melodye Trest • Fort Worth Focused Real Estate
Mls Name: NTREIS
Mls ID: #20545318
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.