308 N Retta StFort WorthTX76111
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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 Fort Worth at 308 N Retta St, Fort Worth, TX, 76111 offers $2,050/mo rent that, after a $1,199/mo payment, leaves $308/mo cash flow. Total monthly income is $2,050/mo, and annual cash flow is $3,695/yr on $81,218 cash. Return on cash invested measures 24.46% in year one, and rental yield stands at 10.04% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 128.44% and total cumulative return in cash reaches $104,316. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,050/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76111, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,438 (100%) |
| Owner Occupied HU | 4,473 (53.0%) |
| Renter Occupied HU | 3,453 (40.9%) |
| Vacant Housing Units | 512 ( 6.1%) |
| Median Home Value | $221,259 |
| Average Home Value | $275,035 |
Housing Distribution
Address Breakdown
Residential
8,037
Single Family
7,079
Multi-Family
958
Businesses
1,079
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Listed by: Jodi Allen • Texas Realty Source, LLC.
Mls Name: NTREIS
Mls ID: #21159676