301 Globe AveBlue MoundTX76131
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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 Blue Mound at 301 Globe Ave, Blue Mound, TX, 76131 priced at $150,000 converts $1,149/mo rent into $83/mo cash flow after a $734/mo obligation. Total monthly income equals $1,149/mo, and annual cash flow totals $990/yr on $49,725 invested. Return on cash invested prints 21.9% in year one, and rental yield reads 9.19% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 114.79% and total cumulative return in cash sums $57,078. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,149/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76131, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,998 (100%) |
| Owner Occupied HU | 14,795 (74.0%) |
| Renter Occupied HU | 4,776 (23.9%) |
| Vacant Housing Units | 427 ( 2.1%) |
| Median Home Value | $349,723 |
| Average Home Value | $371,956 |
Housing Distribution
Address Breakdown
Residential
19,770
Single Family
16,925
Multi-Family
2,845
Businesses
395
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Listed by: Becca Self • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #21030169