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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 4039 Locke Ave, Fort Worth, TX, 76107 with 5% annual appreciation on a $365,000 basis while $2,880/mo rent supports operations. Total monthly income totals $2,880/mo and a $1,786/mo payment preserves $213/mo for cash returns. Annual cash flow comes to $2,550/yr on $120,998 deployed, and return on cash invested reaches 22.02% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,843 alongside rental yield of 9.47%. Five-year ROI measures 115.62% and total cumulative return in cash totals $139,903.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,880/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1941
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76107, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,751 (100%) |
| Owner Occupied HU | 7,423 (39.6%) |
| Renter Occupied HU | 8,887 (47.4%) |
| Vacant Housing Units | 2,441 (13.0%) |
| Median Home Value | $478,172 |
| Average Home Value | $589,989 |
Residential
17,768
Single Family
11,380
Multi-Family
6,388
Businesses
2,171
Date | Event | Price |
|---|---|---|
| 2024-08-08 | Price change | $365,000 |
| 2024-08-01 | Price change | $372,500 |
| 2024-07-25 | Price change | $380,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $6928.93 | -6.28% | $306,214 | 7.67% |
| 2022-08-15 | $7393.53 | 18.07% | $284,410 | 22.09% |
| 2021-08-15 | $6261.88 | 9.90% | $232,957 | N/A |
Listed by: Lauren Perry • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20644695
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.
