3512 Socorro RdFort WorthTX76116
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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 3512 Socorro Rd, Fort Worth, TX, 76116 uses $89,505 cash to close to unlock $5,946/yr annual cash flow and $496/mo monthly cash flow. Total monthly income runs $2,416/mo, and a $1,322/mo payment keeps the spread at $496/mo. Purchase price stands at $270,000, and rental yield measures 10.74% with $2,416/mo rent. Return on cash invested shows 26.55% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 139.7% and total cumulative return in cash records $125,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,416/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1957
7,230 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76116, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,925
Single Family
13,115
Multi-Family
10,810
Businesses
1,943
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Listed by: Rosie Rodriguez • Keller Williams Fort Worth
Mls Name: NTREIS
Mls ID: #21155321