2911 La Salle StFort WorthTX76111
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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 2911 La Salle St, Fort Worth, TX, 76111 priced at $199,000 converts $2,029/mo rent into $614/mo cash flow after a $974/mo obligation. Total monthly income equals $2,029/mo, and annual cash flow totals $7,367/yr on $65,969 invested. Return on cash invested prints 31.08% in year one, and rental yield reads 12.24% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 163.94% and total cumulative return in cash sums $108,150. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,029/mo property income covering a $974/mo payment, not borrower’s personal income.
Single Family
Built in 1924
6,054 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76111, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,438 (100%) |
| Owner Occupied HU | 4,473 (53.0%) |
| Renter Occupied HU | 3,453 (40.9%) |
| Vacant Housing Units | 512 ( 6.1%) |
| Median Home Value | $221,259 |
| Average Home Value | $275,035 |
Housing Distribution
Address Breakdown
Residential
8,037
Single Family
7,079
Multi-Family
958
Businesses
1,079
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Listed by: Aaron Jistel • Listing Spark
Mls Name: NTREIS
Mls ID: #20751887
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.