3204 Ridglea AveFort WorthTX76116
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
Total monthly income runs $5,003/mo, and a $6,975/mo payment. Purchase price stands at $1,425,000, and rental yield measures 4.21% with $5,003/mo rent. Return on cash invested shows 7.03% in year one, and 5% annual appreciation builds toward $393,701 over five years. Five-year ROI reaches 34.95% and total cumulative return in cash records $161,348. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,003/mo property income covering a $6,975/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76116, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,108 (100%) |
| Owner Occupied HU | 8,432 (33.6%) |
| Renter Occupied HU | 14,659 (58.4%) |
| Vacant Housing Units | 2,017 ( 8.0%) |
| Median Home Value | $366,259 |
| Average Home Value | $466,167 |
Housing Distribution
Address Breakdown
Residential
23,925
Single Family
13,115
Multi-Family
10,810
Businesses
1,943
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Miller • Williams Trew Real Estate
Mls Name: NTREIS
Mls ID: #20944332
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.