411 W 7th St APT 806, Fort Worth, TX, 76102 | 4.84% Rental Yield

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411 W 7th St APT 806, Fort Worth, TX, 76102 | 4.84% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

Rental property for sale in Fort Worth at 411 W 7th St APT 806, Fort Worth, TX, 76102 generates $2,519/mo in rent, after a $3,054/mo payment. Total monthly income is $2,519/mo. Return on cash invested sits at 8.85% in year one, and rental yield is 4.84% on a $624,000 entry. Equity gained on principal adds $4,027/yr, while 5% annual appreciation builds toward $172,400 over five years. Five-year ROI reaches 44.71% and total cumulative return in cash sums $91,787. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,519/mo property income rather than buyer’s personal income.

Condo

Built in 1921

4,051 sqft lot

$N/A/sqft

No HOA

More details about the property

Skyline views from the historic Neil P. Building! This rare west corner unit has amazing views down 7th St. Watch the sunset while relaxing in this updated condo with gorgeous, flowing hardwoods and a modern open concept floorplan. The renovated kitchen includes oversized granite countertops, perfect for entertaining, tile backsplash, stainless steel appliances, and a generous pantry. The primary suite has views of the new Fort Worth City Hall, a large en-suite with great, walk-in shower, double sinks, and a large, spacious closet. The secondary suite, with great windows, also has an attached bathroom. Dont miss the office nook and full-sized laundry room! The Neil P. has a beautiful lobby that includes Anderson Hall, a shared common space. The Sanctuary, located on the second floor, and the pool and spa, located on the third floor, offer residents a peaceful retreat without ever having to leave the property. This iconic building is the perfect mix of historic charm with modern convenience!

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