3120 Forest AveFort WorthTX76112
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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 3120 Forest Ave, Fort Worth, TX, 76112 priced at $156,000 pairs $2,350/mo rent with $1,196/mo cash flow after a $764/mo payment. Total monthly income equals $2,350/mo, and annual cash flow comes to $14,349/yr on $51,714 invested. Return on cash invested is 47.66% in year one, and rental yield stands at 18.08% on a $156,000 basis. Equity gained on principal adds $1,007/yr, and 5% annual appreciation accumulates to $43,100 by year five. Five-year ROI measures 253.22% and total cumulative return in cash reaches $130,950. For financing, Ziffy Mortgage’s DSCR program evaluates $2,350/mo property income against a $764/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1916
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76112, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,912
Single Family
12,782
Multi-Family
5,130
Businesses
898
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Listed by: Lori Dugdale • Michael Costanza & Associates
Mls Name: NTREIS
Mls ID: #20705779
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.