Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Fort Worth at 3216 Tobago Rd, Fort Worth, TX, 76123 offers $4,645/mo rent that, after a $1,566/mo payment, leaves $2,317/mo cash flow. Total monthly income is $4,645/mo, and annual cash flow is $27,810/yr on $106,047 cash. Return on cash invested measures 46.13% in year one, and rental yield stands at 17.42% at a $319,900 entry. Equity gained on principal adds $2,064/yr while 5% annual appreciation compounds into $88,382 by year five. Five-year ROI records 244.91% and total cumulative return in cash reaches $259,724. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,645/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
5,488 sqft lot
$N/A/sqft
$165 annually HOA
Neighborhood data shown for ZIP Code: 76123, Fort Worth, TX area.
| 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 |
Residential
15,980
Single Family
13,815
Multi-Family
2,165
Businesses
179
Date | Event | Price |
|---|---|---|
| 2024-08-05 | Price change | $319,900 |
| 2024-06-27 | Listed for sale | $335,000 |
| 2022-12-20 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $5774.81 | -36.00% | $326,023 | -0.24% |
| 2022-08-14 | $9022.95 | 33.47% | $326,812 | 36.76% |
| 2021-08-14 | $6760.22 | 564.97% | $238,970 | 582.77% |
Listed by: Daphnie Pilgrim • Allie Beth Allman & Assoc.
Mls Name: NTREIS
Mls ID: #20656782
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.
