411 W 7th St APT 203, Fort Worth, TX, 76102 | $146/mo Cash Flow

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411 W 7th St APT 203, Fort Worth, TX, 76102 | $146/mo Cash Flow | Ziffy

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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

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Investment Highlights

Investment property for sale in Fort Worth at 411 W 7th St APT 203, Fort Worth, TX, 76102 uses $89,174 cash to close to unlock $1,749/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $2,059/mo, and a $1,317/mo payment keeps the spread at $146/mo. Purchase price stands at $269,000, and rental yield measures 9.19% with $2,059/mo rent. Return on cash invested shows 21.87% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 114.58% and total cumulative return in cash records $102,179. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,059/mo property income covering a $1,317/mo payment rather than investor’s personal income.

Condo

Built in 1921

N/A lot

$N/A/sqft

No HOA

More details about the property

Now is your chance to live at the Neil P at Burnett Park. This beautiful 1 bedroom, 1 bath condo residence is located in the heart of downtown Fort Worth. The kitchen boasts of stainless appl and granite, and open concept. Other features include a large open living and dining area. The primary suite features an ensuite bath with tub and shower. The unit comes with a large, deeded storage unit in the basement. Residents can enjoy the unique and charming common areas which includes a beautiful Owner's Lounge, a pool and spa, outdoor kitchen, fountain, and relaxing sitting areas. Located across the street is the Burnett Park where you can enjoy an evening stroll, listen to live music at lunch, or take in a movie during movie night season. Enjoy the restaurants, entertainment, theatres and shopping just steps away from your front door. Public transit runs daily. Assigned leased parking on 7th floor. Secure fob entry for residents. Secure keypad call box for visitors-vendors-deliveries. Paid parking along Lamar and 7th at the Burnett Park. The Neil P Building, originally the Cotton Exchange built in 1921, is just a few blocks from the lively Sundance Plaza as well as shops and restaurants. Don't miss this opportunity to live downtown in this historic gem! Fridge-Washer-Dryer convey. Parking spc 969 on 7th floor garage. Storage spc 27 in basement.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76102, Fort Worth, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,825 (100%)
Owner Occupied HU	934 (11.9%)
Renter Occupied HU	5,248 (67.1%)
Vacant Housing Units	1,643 (21.0%)
Median Home Value	$452,672
Average Home Value	$499,269

Housing Distribution

Address Breakdown

Residential

6,425

Single Family

1,134

Multi-Family

5,291

Businesses

1,474

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1921
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Additional Parking, Assigned, Concrete, Covered, Carport, Electric Gate, Guest, Gated, Lighted, On Site, Leased

Location

City: Fort Worth
State: TX
Subdivision: N/A
Lot Size: N/A
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Leah Dunn • Leah Dunn Real Estate Group

Mls Name: NTREIS

Mls ID: #21115578

411 W 7th St APT 203,Fort Worth,TX,76102

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

411 W 7th St APT 203Fort WorthTX76102