3024 Conejos 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
Investment property for sale in Fort Worth at 3024 Conejos Dr, Fort Worth, TX, 76116 uses $97,793 cash to close to unlock $20,029/yr annual cash flow and $1,669/mo monthly cash flow. Total monthly income runs $3,767/mo, and a $1,444/mo payment keeps the spread at $1,669/mo. Purchase price stands at $295,000, and rental yield measures 15.32% with $3,767/mo rent. Return on cash invested shows 40.39% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 213.93% and total cumulative return in cash records $209,210. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,767/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1960
9,539 sqft 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: Pablo Garcia Silva • Crawford and Company, REALTORS
Mls Name: NTREIS
Mls ID: #20614144
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.