3002 Elm ParkFort 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 3002 Elm Park, Fort Worth, TX, 76118 listed at $289,000 pairs $1,867/mo rent with a $1,415/mo payment. Total monthly income runs $1,867/mo. Return on cash invested measures 17.55% in year one, and rental yield registers 7.75% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 91.4% and total cumulative return in cash totals $87,566. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,867/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
7,492 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: Mackenzie Larch • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #21135674