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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 2816 S Grove St, Fort Worth, TX, 76104 with 5% annual appreciation on a $195,000 basis while $2,442/mo rent supports operations. Total monthly income totals $2,442/mo and a $954/mo payment preserves $1,056/mo for cash returns. Annual cash flow comes to $12,669/yr on $64,643 deployed, and return on cash invested reaches 39.51% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 15.03%. Five-year ROI measures 209.14% and total cumulative return in cash totals $135,190.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,442/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1965
6,272 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76104, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,503 (100%) |
| Owner Occupied HU | 3,333 (31.7%) |
| Renter Occupied HU | 6,088 (58.0%) |
| Vacant Housing Units | 1,082 (10.3%) |
| Median Home Value | $156,599 |
| Average Home Value | $361,071 |
Residential
10,158
Single Family
6,350
Multi-Family
3,808
Businesses
1,531
Date | Event | Price |
|---|---|---|
| 2024-06-14 | Listed for sale | $195,000 |
| 2024-06-14 | Contingent | $195,000 |
| 2024-05-31 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $2262.77 | 32.76% | $100,000 | 52.52% |
| 2022-08-15 | $1704.46 | 9.75% | $65,566 | 13.49% |
| 2021-08-15 | $1552.98 | 9.79% | $57,775 | 12.05% |
Listed by: Robert Hart • Hart of Texas
Mls Name: NTREIS
Mls ID: #20618988
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.
