2837 Thorncreek LnFort WorthTX76177
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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
Rental property for sale in Fort Worth at 2837 Thorncreek Ln, Fort Worth, TX, 76177 priced at $535,000 converts $4,300/mo rent into $427/mo cash flow after a $2,619/mo obligation. Total monthly income equals $4,300/mo, and annual cash flow totals $5,121/yr on $176,015 invested. Return on cash invested prints 22.97% in year one, and rental yield reads 9.64% against a $535,000 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation compiles into $147,811 by year five. Five-year ROI reaches 120.61% and total cumulative return in cash sums $212,284. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,300/mo property income covering a $2,619/mo payment, not borrower’s personal income.
Single Family
Built in 2008
5,575 sqft lot
$N/A/sqft
$410 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76177, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,136 (100%) |
| Owner Occupied HU | 4,738 (39.0%) |
| Renter Occupied HU | 6,293 (51.9%) |
| Vacant Housing Units | 1,105 ( 9.1%) |
| Median Home Value | $370,746 |
| Average Home Value | $395,657 |
Housing Distribution
Address Breakdown
Residential
10,858
Single Family
5,205
Multi-Family
5,653
Businesses
1,086
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Listed by: Anna Stankiewicz • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #20913593
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.