3628 Purington AveFort WorthTX76103
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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 3628 Purington Ave, Fort Worth, TX, 76103 offers a 11.53% rental yield on a $237,000 purchase with $2,278/mo rent. Total monthly income registers $2,278/mo, and a $1,160/mo payment leaves $593/mo available for distribution. Annual cash flow reaches $7,112/yr on $78,566 to close, and return on cash invested stands at 28.96% in year one. Equity gained on principal adds $1,529/yr while 5% annual appreciation supports $65,479 over five years. Portfolio math shows five-year ROI at 152.61% and total cumulative return in cash at $119,900. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,278/mo property income against a $1,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
8,145 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76103, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,794 (100%) |
| Owner Occupied HU | 3,055 (52.7%) |
| Renter Occupied HU | 2,220 (38.3%) |
| Vacant Housing Units | 519 ( 9.0%) |
| Median Home Value | $221,889 |
| Average Home Value | $277,565 |
Housing Distribution
Address Breakdown
Residential
5,361
Single Family
4,888
Multi-Family
473
Businesses
399
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Listed by: Heather Leaf • Monument Realty
Mls Name: NTREIS
Mls ID: #21096796