3308 Springdale RdFort WorthTX76111
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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 3308 Springdale Rd, Fort Worth, TX, 76111 at $245,900 posts ROI 27.64% with $525/mo cash flow from $2,274/mo rent. Total monthly income equals $2,274/mo, and annual cash flow records $6,299/yr on $81,516 to close. Return on cash invested measures 27.64% and rental yield reads 11.1% at the current $245,900. Equity gained on principal adds $1,587/yr, and 5% annual appreciation supports $67,938 by year five. Five-year ROI prints 145.48% and total cumulative return in cash totals $118,591.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,274/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76111, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,438 (100%) |
| Owner Occupied HU | 4,473 (53.0%) |
| Renter Occupied HU | 3,453 (40.9%) |
| Vacant Housing Units | 512 ( 6.1%) |
| Median Home Value | $221,259 |
| Average Home Value | $275,035 |
Housing Distribution
Address Breakdown
Residential
8,037
Single Family
7,079
Multi-Family
958
Businesses
1,079
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Listed by: Gale Caveness • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #20706909
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.