3705 N Elm StFort WorthTX76106
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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 3705 N Elm St, Fort Worth, TX, 76106 priced at $129,900 converts $993/mo rent into after a $636/mo obligation. Total monthly income equals $993/mo. Return on cash invested prints 17.15% in year one, and rental yield reads 9.17% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 90.95% and total cumulative return in cash sums $39,163. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $993/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76106, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,830 (100%) |
| Owner Occupied HU | 5,555 (47.0%) |
| Renter Occupied HU | 5,600 (47.3%) |
| Vacant Housing Units | 675 ( 5.7%) |
| Median Home Value | $163,112 |
| Average Home Value | $181,704 |
Housing Distribution
Address Breakdown
Residential
11,131
Single Family
8,873
Multi-Family
2,258
Businesses
980
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Listed by: Brandi Mayer • Dave Perry Miller Real Estate
Mls Name: NTREIS
Mls ID: #20897655
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.