2924 Timber Creek TrlFort WorthTX76118
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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
Investment property for sale in Fort Worth at 2924 Timber Creek Trl, Fort Worth, TX, 76118 uses $107,738 cash to close to unlock $6,451/yr annual cash flow and $538/mo monthly cash flow. Total monthly income runs $2,849/mo, and a $1,591/mo payment keeps the spread at $538/mo. Purchase price stands at $325,000, and rental yield measures 10.52% with $2,849/mo rent. Return on cash invested shows 25.9% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 136.18% and total cumulative return in cash records $146,713. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,849/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 2000
5,445 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76118, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,640 (100%) |
| Owner Occupied HU | 4,497 (67.7%) |
| Renter Occupied HU | 1,835 (27.6%) |
| Vacant Housing Units | 308 ( 4.6%) |
| Median Home Value | $335,346 |
| Average Home Value | $367,708 |
Housing Distribution
Address Breakdown
Residential
6,239
Single Family
5,543
Multi-Family
696
Businesses
696
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Listed by: Tracy Wiley • League Real Estate
Mls Name: NTREIS
Mls ID: #20990437