3304 Chippewa TrlLake WorthTX76135
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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 Lake Worth at 3304 Chippewa Trl, Lake Worth, TX, 76135 offers a 7.15% rental yield on a $289,000 purchase with $1,722/mo rent. 69% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 81.48% and total cumulative return in cash at $78,062. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,722/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76135, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,736 (100%) |
| Owner Occupied HU | 5,433 (55.8%) |
| Renter Occupied HU | 3,527 (36.2%) |
| Vacant Housing Units | 776 ( 8.0%) |
| Median Home Value | $368,676 |
| Average Home Value | $419,949 |
Housing Distribution
Address Breakdown
Residential
8,573
Single Family
7,081
Multi-Family
1,492
Businesses
586
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Listed by: Marc Moore • Griffith Realty Group
Mls Name: NTREIS
Mls ID: #20889145
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.