411 W 7th StFort WorthTX76102
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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
Rental property for sale in Fort Worth at 411 W 7th St, Fort Worth, TX, 76102 priced at $310,000 pairs $1,936/mo rent with after a $1,517/mo payment. Total monthly income equals $1,936/mo. Return on cash invested is 16.78% in year one, and rental yield stands at 7.49% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 87.26% and total cumulative return in cash reaches $89,671. For financing, Ziffy Mortgage’s DSCR program evaluates $1,936/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1921
N/A lot
$N/A/sqft
No HOA
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
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Listed by: Raleigh Green • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #21117244