311 Russell StWhite SettlementTX76108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 White Settlement at 311 Russell St, White Settlement, TX, 76108 offers $2,693/mo rent that, after a $1,713/mo payment, leaves $204/mo cash flow. Total monthly income is $2,693/mo, and annual cash flow is $2,453/yr on $115,992 cash. Return on cash invested measures 22.02% in year one, and rental yield stands at 9.24% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 115.41% and total cumulative return in cash reaches $133,866. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,693/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76108, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,073 (100%) |
| Owner Occupied HU | 13,143 (65.5%) |
| Renter Occupied HU | 5,956 (29.7%) |
| Vacant Housing Units | 974 ( 4.9%) |
| Median Home Value | $319,563 |
| Average Home Value | $378,113 |
Housing Distribution
Address Breakdown
Residential
19,538
Single Family
17,115
Multi-Family
2,423
Businesses
718
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Flor Alvarado • United Real Estate DFW
Mls Name: NTREIS
Mls ID: #21066786