4238 Martin Luther King FwyFort WorthTX76119
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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 4238 Martin Luther King Fwy, Fort Worth, TX, 76119 uses $74,588 cash to close to unlock $4,731/yr annual cash flow and $394/mo monthly cash flow. Total monthly income runs $1,994/mo, and a $1,101/mo payment keeps the spread at $394/mo. Purchase price stands at $225,000, and rental yield measures 10.63% with $1,994/mo rent. Return on cash invested shows 26.25% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 138.12% and total cumulative return in cash records $103,017. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,994/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76119, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,035 (100%) |
| Owner Occupied HU | 8,890 (52.2%) |
| Renter Occupied HU | 7,287 (42.8%) |
| Vacant Housing Units | 858 ( 5.0%) |
| Median Home Value | $136,930 |
| Average Home Value | $177,699 |
Housing Distribution
Address Breakdown
Residential
16,480
Single Family
13,037
Multi-Family
3,443
Businesses
1,217
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Listed by: Francisco Rico • Rico Realty
Mls Name: NTREIS
Mls ID: #20998954