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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 2924 Bomar Ave, Fort Worth, TX, 76103 offers a 10.02% rental yield on a $209,900 purchase with $1,753/mo rent. Total monthly income registers $1,753/mo, and a $1,027/mo payment leaves $261/mo available for distribution. Annual cash flow reaches $3,129/yr on $69,582 to close, and return on cash invested stands at 24.41% in year one. Equity gained on principal adds $1,354/yr while 5% annual appreciation supports $57,992 over five years. Portfolio math shows five-year ROI at 128.18% and total cumulative return in cash at $89,192. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,753/mo property income against a $1,027/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76103, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,794 (100%) |
| Owner Occupied HU | 3,055 (52.7%) |
| Renter Occupied HU | 2,220 (38.3%) |
| Vacant Housing Units | 519 ( 9.0%) |
| Median Home Value | $221,889 |
| Average Home Value | $277,565 |
Residential
5,361
Single Family
4,888
Multi-Family
473
Businesses
399
Date | Event | Price |
|---|---|---|
| 2025-01-03 | Price change | $209,900 |
| 2024-10-28 | Price change | $214,900 |
| 2024-08-14 | Listed for sale | $219,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $3072.85 | -1.00% | $136,944 | -0.17% |
| 2023-02-13 | $3104.02 | 26.62% | $137,178 | 45.47% |
| 2022-02-13 | $2451.37 | 18.87% | $94,298 | 22.92% |
Listed by: Allen Schramm • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20697360
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.
