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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% |
Rental property for sale in Fort Worth at 3349 Chapel Ridge Way, Fort Worth, TX, 76116 generates $4,078/mo in rent and, after a $1,424/mo payment, leaves $1,819/mo in cash flow. Total monthly income is $4,078/mo, and annual cash flow is $21,829/yr on $96,466 invested. Return on cash invested sits at 42.54% in year one, and rental yield is 16.82% on a $290,999 entry. Equity gained on principal adds $1,878/yr, while 5% annual appreciation builds toward $80,398 over five years. Five-year ROI reaches 226.29% and total cumulative return in cash sums $218,298. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,078/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76116, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,108 (100%) |
| Owner Occupied HU | 8,432 (33.6%) |
| Renter Occupied HU | 14,659 (58.4%) |
| Vacant Housing Units | 2,017 ( 8.0%) |
| Median Home Value | $366,259 |
| Average Home Value | $466,167 |
Residential
23,925
Single Family
13,115
Multi-Family
10,810
Businesses
1,943
Date | Event | Price |
|---|---|---|
| 2024-07-30 | Listed for sale | $290,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $7107.69 | -1.69% | $314,115 | 12.94% |
| 2022-08-14 | $7230.11 | 15.60% | $278,124 | 19.53% |
| 2021-08-14 | $6254.28 | 7.59% | $232,674 | 9.80% |
Listed by: Michelle Tortorici • CLICKPICKANDMOVE, LLC
Mls Name: NTREIS
Mls ID: #20687920
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.
