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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 3100 Louise St, Fort Worth, TX, 76112 priced at $230,000 converts $1,836/mo rent into $154/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,836/mo, and annual cash flow totals $1,845/yr on $76,245 invested. Return on cash invested prints 22.33% in year one, and rental yield reads 9.58% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 117.31% and total cumulative return in cash sums $89,443. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,836/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1949
7,710 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76112, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,210 (100%) |
| Owner Occupied HU | 8,035 (44.1%) |
| Renter Occupied HU | 8,664 (47.6%) |
| Vacant Housing Units | 1,511 ( 8.3%) |
| Median Home Value | $268,312 |
| Average Home Value | $319,616 |
Residential
17,912
Single Family
12,782
Multi-Family
5,130
Businesses
898
Date | Event | Price |
|---|---|---|
| 2024-12-06 | Listed for sale | $230,000 |
| 2024-10-30 | Sold | N/A |
| 2024-10-24 | Pending sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4375.59 | 2.14% | $195,000 | 3.00% |
| 2023-02-13 | $4283.81 | -1.24% | $189,317 | 13.46% |
| 2022-02-13 | $4337.62 | 21.18% | $166,857 | 25.30% |
Listed by: Cynthia Olmos • DIY Realty
Mls Name: NTREIS
Mls ID: #20788362
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.
