301 E Morningside DrFort WorthTX76104
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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 301 E Morningside Dr, Fort Worth, TX, 76104 earns $222/mo cash flow from $1,649/mo rent with a $881/mo payment. Total monthly income totals $1,649/mo, and annual cash flow totals $2,666/yr on $59,670 capital. ROI tracks 24.38% on current figures, and rental yield reads 10.99% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 129.14% and total cumulative return in cash sums $77,057. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,649/mo property income instead of your personal income.
Single Family
Built in 1925
7,971 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76104, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,503 (100%) |
| Owner Occupied HU | 3,333 (31.7%) |
| Renter Occupied HU | 6,088 (58.0%) |
| Vacant Housing Units | 1,082 (10.3%) |
| Median Home Value | $156,599 |
| Average Home Value | $361,071 |
Housing Distribution
Address Breakdown
Residential
10,158
Single Family
6,350
Multi-Family
3,808
Businesses
1,531
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Listed by: Jessica Reinsch • Ready Real Estate
Mls Name: NTREIS
Mls ID: #20829362
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.