3700 Park AveForest HillTX76140
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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 Forest Hill at 3700 Park Ave, Forest Hill, TX, 76140 generates $2,526/mo in rent and, after a $1,591/mo payment, leaves $215/mo in cash flow. Total monthly income is $2,526/mo, and annual cash flow is $2,575/yr on $107,738 invested. Return on cash invested sits at 22.3% in year one, and rental yield is 9.33% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 116.88% and total cumulative return in cash sums $125,929. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,526/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76140, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,593 (100%) |
| Owner Occupied HU | 7,775 (67.1%) |
| Renter Occupied HU | 3,399 (29.3%) |
| Vacant Housing Units | 419 ( 3.6%) |
| Median Home Value | $245,690 |
| Average Home Value | $274,715 |
Housing Distribution
Address Breakdown
Residential
10,973
Single Family
9,593
Multi-Family
1,380
Businesses
853
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Listed by: MATT Dees • Orchard Brokerage
Mls Name: NTREIS
Mls ID: #21115411