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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Fort Worth at 3705 Park Ridge Blvd, Fort Worth, TX, 76109 with 5% annual appreciation on a $359,900 basis while $4,040/mo rent supports operations. Total monthly income totals $4,040/mo and a $1,762/mo payment preserves $1,318/mo for cash returns. Annual cash flow comes to $15,816/yr on $119,307 deployed, and return on cash invested reaches 33.17% in year one. Equity gained on principal adds $2,322/yr, and five-year appreciation sums $99,434 alongside rental yield of 13.47%. Five-year ROI measures 175.72% and total cumulative return in cash totals $209,642.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,040/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
10,672 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76109, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,126 (100%) |
| Owner Occupied HU | 5,005 (38.1%) |
| Renter Occupied HU | 6,717 (51.2%) |
| Vacant Housing Units | 1,404 (10.7%) |
| Median Home Value | $634,057 |
| Average Home Value | $720,302 |
Residential
12,941
Single Family
7,116
Multi-Family
5,825
Businesses
945
Date | Event | Price |
|---|---|---|
| 2024-06-14 | Listed for sale | $359,900 |
| 2024-02-07 | Listing removed | N/A |
| 2024-01-31 | Listed for rent | $2,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $7919.70 | 22.35% | $350,000 | 40.56% |
| 2022-08-15 | $6473.00 | -3.29% | $249,000 | N/A |
| 2021-08-15 | $6693.12 | -2.01% | $249,000 | N/A |
Listed by: Angela Culpepper • The Culpepper Team
Mls Name: NTREIS
Mls ID: #20585910
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.
