3001 Elsinor DrFort WorthTX76116
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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 3001 Elsinor Dr, Fort Worth, TX, 76116 uses $86,190 cash to close to unlock $4,796/yr annual cash flow and $400/mo monthly cash flow. Total monthly income runs $2,249/mo, and a $1,273/mo payment keeps the spread at $400/mo. Purchase price stands at $260,000, and rental yield measures 10.38% with $2,249/mo rent. Return on cash invested shows 25.47% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 133.92% and total cumulative return in cash records $115,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,249/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1971
9,104 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76116, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,108 (100%) |
| Owner Occupied HU | 8,432 (33.6%) |
| Renter Occupied HU | 14,659 (58.4%) |
| Vacant Housing Units | 2,017 ( 8.0%) |
| Median Home Value | $366,259 |
| Average Home Value | $466,167 |
Housing Distribution
Address Breakdown
Residential
23,925
Single Family
13,115
Multi-Family
10,810
Businesses
1,943
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Listed by: Paula Johnston • RJ Williams & Company RE
Mls Name: NTREIS
Mls ID: #21069462