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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Forest Hill at 3317 Lookout Dr, Forest Hill, TX, 76140 at $285,000 posts ROI 22.29% with $187/mo cash flow from $2,214/mo rent. Total monthly income equals $2,214/mo, and annual cash flow records $2,247/yr on $94,478 to close. Return on cash invested measures 22.29% and rental yield reads 9.32% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 116.85% and total cumulative return in cash totals $110,394.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,214/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76140, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,593 (100%) |
| Owner Occupied HU | 7,775 (67.1%) |
| Renter Occupied HU | 3,399 (29.3%) |
| Vacant Housing Units | 419 ( 3.6%) |
| Median Home Value | $245,690 |
| Average Home Value | $274,715 |
Residential
10,973
Single Family
9,593
Multi-Family
1,380
Businesses
853
Date | Event | Price |
|---|---|---|
| 2025-03-25 | Listed for sale | $285,000 |
| 2025-03-16 | Listing removed | $1,900 |
| 2025-02-26 | Listed for rent | $1,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-25 | $3479.92 | 115.04% | $214,036 | -8.69% |
| 2023-03-25 | $1618.23 | -35.02% | $234,409 | 27.66% |
| 2022-03-25 | $2490.48 | -2.87% | $183,620 | 54.56% |
Listed by: Stephen Eaton • Eaton Realty
Mls Name: NTREIS
Mls ID: #20880788
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.
