3240 Wabash AveFort WorthTX76109
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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 Wabash Ave, Fort Worth, TX, 76109 earns from $3,722/mo rent with a $3,421/mo payment. Total monthly income totals $3,722/mo. ROI tracks 13.55% on current figures, and rental yield reads 6.39% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 69.91% and total cumulative return in cash sums $160,766. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,722/mo property income instead of your personal income.
Single Family
Built in 1929
6,272 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76109, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,126 (100%) |
| Owner Occupied HU | 5,005 (38.1%) |
| Renter Occupied HU | 6,717 (51.2%) |
| Vacant Housing Units | 1,404 (10.7%) |
| Median Home Value | $634,057 |
| Average Home Value | $720,302 |
Housing Distribution
Address Breakdown
Residential
12,941
Single Family
7,116
Multi-Family
5,825
Businesses
945
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Listed by: Shelli Eskue • League Real Estate
Mls Name: NTREIS
Mls ID: #21046735