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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% |
Rental property for sale in Fort Worth at 2908 Lulu St, Fort Worth, TX, 76106 offers $2,160/mo rent that, after a $852/mo payment, leaves $886/mo cash flow. Total monthly income is $2,160/mo, and annual cash flow is $10,634/yr on $57,681 cash. Return on cash invested measures 38.35% in year one, and rental yield stands at 14.9% at a $174,000 entry. Equity gained on principal adds $1,123/yr while 5% annual appreciation compounds into $48,073 by year five. Five-year ROI records 203.29% and total cumulative return in cash reaches $117,257. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $852/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76106, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,830 (100%) |
| Owner Occupied HU | 5,555 (47.0%) |
| Renter Occupied HU | 5,600 (47.3%) |
| Vacant Housing Units | 675 ( 5.7%) |
| Median Home Value | $163,112 |
| Average Home Value | $181,704 |
Residential
11,131
Single Family
8,873
Multi-Family
2,258
Businesses
980
Date | Event | Price |
|---|---|---|
| 2024-10-15 | Price change | $174,000 |
| 2024-08-06 | Listed for sale | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $3321.15 | N/A | $148,009 | 1.80% |
| 2023-12-27 | N/A | N/A | $145,397 | 2.37% |
| 2022-12-27 | $3692.24 | 39.53% | $142,031 | 44.28% |
Listed by: Michael Greiner • My Castle Realty
Mls Name: NTREIS
Mls ID: #20695246
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.
