408 Lanola CtFort WorthTX76103
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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 408 Lanola Ct, Fort Worth, TX, 76103 at $144,900 posts ROI 21.48% with $63/mo cash flow from $1,129/mo rent. Total monthly income equals $1,129/mo, and annual cash flow records $752/yr on $48,034 to close. Return on cash invested measures 21.48% and rental yield reads 9.35% at the current $144,900. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 by year five. Five-year ROI prints 112.82% and total cumulative return in cash totals $54,193.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,129/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
4,051 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76103, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,794 (100%) |
| Owner Occupied HU | 3,055 (52.7%) |
| Renter Occupied HU | 2,220 (38.3%) |
| Vacant Housing Units | 519 ( 9.0%) |
| Median Home Value | $221,889 |
| Average Home Value | $277,565 |
Housing Distribution
Address Breakdown
Residential
5,361
Single Family
4,888
Multi-Family
473
Businesses
399
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Listed by: Jeffrey Robillard • Newfound Real Estate
Mls Name: NTREIS
Mls ID: #20644952
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.