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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Fort Worth at 3012 Mount Vernon Ave, Fort Worth, TX, 76103 priced at $242,000 converts $2,526/mo rent into $806/mo cash flow after a $1,184/mo obligation. Total monthly income equals $2,526/mo, and annual cash flow totals $9,667/yr on $80,223 invested. Return on cash invested prints 31.96% in year one, and rental yield reads 12.53% against a $242,000 entry. Equity gained on principal adds $1,562/yr, while 5% annual appreciation compiles into $66,860 by year five. Five-year ROI reaches 168.69% and total cumulative return in cash sums $135,330. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,526/mo property income covering a $1,184/mo payment, not borrower’s personal income.
Single Family
Built in 1926
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76103, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,794 (100%) |
| Owner Occupied HU | 3,055 (52.7%) |
| Renter Occupied HU | 2,220 (38.3%) |
| Vacant Housing Units | 519 ( 9.0%) |
| Median Home Value | $221,889 |
| Average Home Value | $277,565 |
Residential
5,361
Single Family
4,888
Multi-Family
473
Businesses
399
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Price change | $242,000 |
| 2024-08-17 | Listed for sale | $245,000 |
| 2021-07-16 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $2900.39 | 25.65% | $128,179 | 44.36% |
| 2022-10-23 | $2308.23 | -16.79% | $88,792 | -13.96% |
| 2021-10-23 | $2773.91 | -2.01% | $103,196 | N/A |
Listed by: Ana Gonzalez • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #20705675
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.
