3009 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
Rental property for sale in Fort Worth at 3009 Elsinor Dr, Fort Worth, TX, 76116 priced at $274,000 converts $2,258/mo rent into $201/mo cash flow after a $1,341/mo obligation. Total monthly income equals $2,258/mo, and annual cash flow totals $2,409/yr on $90,831 invested. Return on cash invested prints 22.56% in year one, and rental yield reads 9.89% against a $274,000 entry. Equity gained on principal adds $1,768/yr, while 5% annual appreciation compiles into $75,701 by year five. Five-year ROI reaches 118.79% and total cumulative return in cash sums $107,901. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,258/mo property income covering a $1,341/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.26 Acres 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: Aryn Wood • Epique Realty LLC
Mls Name: NTREIS
Mls ID: #20918460
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.