349 Rangars Ridge PlFort WorthTX76120
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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
Rental property for sale in Fort Worth at 349 Rangars Ridge Pl, Fort Worth, TX, 76120 priced at $466,730 pairs $5,567/mo rent with $2,208/mo cash flow after a $2,284/mo payment. Total monthly income equals $5,567/mo, and annual cash flow comes to $26,501/yr on $154,721 invested. Return on cash invested is 37.04% in year one, and rental yield stands at 14.31% on a $466,730 basis. Equity gained on principal adds $3,012/yr, and 5% annual appreciation accumulates to $128,949 by year five. Five-year ROI measures 196.02% and total cumulative return in cash reaches $303,290. For financing, Ziffy Mortgage’s DSCR program evaluates $5,567/mo property income against a $2,284/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,651 sqft lot
$N/A/sqft
$480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76120, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,123 (100%) |
| Owner Occupied HU | 4,007 (43.9%) |
| Renter Occupied HU | 4,644 (50.9%) |
| Vacant Housing Units | 472 ( 5.2%) |
| Median Home Value | $334,226 |
| Average Home Value | $447,957 |
Housing Distribution
Address Breakdown
Residential
8,754
Single Family
4,479
Multi-Family
4,275
Businesses
220
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Listed by: Bill Roberds • William Roberds
Mls Name: NTREIS
Mls ID: #20670228
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.