3216 Clovermeadow DrFort WorthTX76123
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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 3216 Clovermeadow Dr, Fort Worth, TX, 76123 uses $76,212 cash to close to unlock $11,789/yr annual cash flow and $982/mo monthly cash flow. Total monthly income runs $2,617/mo, and a $1,125/mo payment keeps the spread at $982/mo. Purchase price stands at $229,900, and rental yield measures 13.66% with $2,617/mo rent. Return on cash invested shows 35.38% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 187.04% and total cumulative return in cash records $142,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,617/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1987
7,579 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76123, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,000 (100%) |
| Owner Occupied HU | 11,766 (73.5%) |
| Renter Occupied HU | 3,326 (20.8%) |
| Vacant Housing Units | 908 ( 5.7%) |
| Median Home Value | $342,641 |
| Average Home Value | $373,292 |
Housing Distribution
Address Breakdown
Residential
15,980
Single Family
13,815
Multi-Family
2,165
Businesses
179
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Listed by: Mike Gonzalez • Mosaic Realty
Mls Name: NTREIS
Mls ID: #21058342