4022 Ridglea Country Club Dr APT 608Fort worthTX76126
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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 4022 Ridglea Country Club Dr APT 608, Fort worth, TX, 76126 listed at $148,000 pairs $1,163/mo rent with a $724/mo payment to leave $111/mo cash flow. Total monthly income runs $1,163/mo, and annual cash flow reaches $1,331/yr on $49,062 cash to close. Return on cash invested measures 22.62% in year one, and rental yield registers 9.43% at a $148,000 basis. Equity gained on principal adds $955/yr, and annual property appreciation at 5% supports $40,890 by year five. Five-year ROI tracks 118.61% and total cumulative return in cash totals $58,190. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,163/mo property income relative to a $724/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1968
1,916 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76126, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,352 (100%) |
| Owner Occupied HU | 9,457 (76.6%) |
| Renter Occupied HU | 2,332 (18.9%) |
| Vacant Housing Units | 563 ( 4.6%) |
| Median Home Value | $446,296 |
| Average Home Value | $526,099 |
Housing Distribution
Address Breakdown
Residential
11,808
Single Family
10,726
Multi-Family
1,082
Businesses
660
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Listed by: Kenneth Ritter • Keller Williams Realty Allen
Mls Name: NTREIS
Mls ID: #21142767