3240 Roddy 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 3240 Roddy Dr, Fort Worth, TX, 76123 listed at $399,990 pairs $3,882/mo rent with a $1,958/mo payment to leave $1,037/mo cash flow. Total monthly income runs $3,882/mo, and annual cash flow reaches $12,448/yr on $132,597 cash to close. Return on cash invested measures 29.3% in year one, and rental yield registers 11.65% at a $399,990 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,510 by year five. Five-year ROI tracks 154.41% and total cumulative return in cash totals $204,745. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,882/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
5,497 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: Milagros Mancia • RA Brokers
Mls Name: HAR
Mls ID: #86286896