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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% |
Investment property for sale in Fort Worth at 3208 Covert Ave, Fort Worth, TX, 76133 offers a 8.33% rental yield on a $319,500 purchase with $2,219/mo rent. 38% in year one. Equity gained on principal adds $2,062/yr while 5% annual appreciation supports $88,272 over five years. Portfolio math shows five-year ROI at 96.23% and total cumulative return in cash at $101,918. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,219/mo property income against a $1,564/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
10,515 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76133, Fort Worth, TX area.
| 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 |
Residential
19,433
Single Family
15,930
Multi-Family
3,503
Businesses
729
Date | Event | Price |
|---|---|---|
| 2024-12-10 | Price change | $319,500 |
| 2024-11-07 | Price change | $325,000 |
| 2024-09-25 | Listed for sale | $330,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $6285.95 | 258.55% | $280,137 | -0.76% |
| 2023-12-27 | $1753.17 | -2.72% | $282,281 | 24.34% |
| 2022-12-27 | $1802.10 | 2.68% | $227,018 | 6.80% |
Listed by: Kelly Stancil • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20736391
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.
