3109 Covert AveFort WorthTX76133
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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 3109 Covert Ave, Fort Worth, TX, 76133 earns $424/mo cash flow from $2,735/mo rent with a $1,591/mo payment. Total monthly income totals $2,735/mo, and annual cash flow totals $5,083/yr on $107,738 capital. ROI tracks 24.63% on current figures, and rental yield reads 10.1% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 129.36% and total cumulative return in cash sums $139,369. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,735/mo property income instead of your personal income.
Single Family
Built in 1955
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76133, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,225 (100%) |
| Owner Occupied HU | 11,543 (57.1%) |
| Renter Occupied HU | 7,862 (38.9%) |
| Vacant Housing Units | 820 ( 4.1%) |
| Median Home Value | $269,842 |
| Average Home Value | $289,873 |
Housing Distribution
Address Breakdown
Residential
19,433
Single Family
15,930
Multi-Family
3,503
Businesses
729
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Listed by: Rosa Avitia • The Property Shop
Mls Name: NTREIS
Mls ID: #21162793