301 Mirike DrWhite SettlementTX76108
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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 White Settlement at 301 Mirike Dr, White Settlement, TX, 76108 offers a 18.56% rental yield on a $149,900 purchase with $2,318/mo rent. Total monthly income registers $2,318/mo, and a $734/mo payment leaves $1,252/mo available for distribution. Annual cash flow reaches $15,021/yr on $49,692 to close, and return on cash invested stands at 50.14% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 266.17% and total cumulative return in cash at $132,263. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,318/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76108, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,073 (100%) |
| Owner Occupied HU | 13,143 (65.5%) |
| Renter Occupied HU | 5,956 (29.7%) |
| Vacant Housing Units | 974 ( 4.9%) |
| Median Home Value | $319,563 |
| Average Home Value | $378,113 |
Housing Distribution
Address Breakdown
Residential
19,538
Single Family
17,115
Multi-Family
2,423
Businesses
718
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Listed by: Edward Mcclintick • Joseph Walter Realty, LLC
Mls Name: NTREIS
Mls ID: #21094575