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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 Fort Worth at 3350 Covert Ave, Fort Worth, TX, 76133 offers a 11.95% rental yield on a $250,000 purchase with $2,490/mo rent. Total monthly income registers $2,490/mo, and a $1,224/mo payment leaves $490/mo available for distribution. Annual cash flow reaches $5,877/yr on $82,875 to close, and return on cash invested stands at 27% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 143.24% and total cumulative return in cash at $118,714. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,490/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
7,056 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76133, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,225 (100%) |
| Owner Occupied HU | 11,543 (57.1%) |
| Renter Occupied HU | 7,862 (38.9%) |
| Vacant Housing Units | 820 ( 4.1%) |
| Median Home Value | $269,842 |
| Average Home Value | $289,873 |
Residential
19,433
Single Family
15,930
Multi-Family
3,503
Businesses
729
Date | Event | Price |
|---|---|---|
| 2025-05-29 | Listed for sale | $250,000 |
| 2021-12-06 | Listing removed | N/A |
| 2021-11-16 | Listed for rent | $1,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $6815.70 | -1.60% | $303,746 | -0.77% |
| 2023-05-29 | $6926.33 | 8.72% | $306,100 | 24.90% |
| 2022-05-29 | $6370.88 | 26.76% | $245,072 | 31.07% |
Listed by: Brady Bridges • Reside Real Estate LLC
Mls Name: NTREIS
Mls ID: #20942294
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.
