4305 Highland Lake DrLake WorthTX76135
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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 Lake Worth at 4305 Highland Lake Dr, Lake Worth, TX, 76135 offers a 10.64% rental yield on a $287,000 purchase with $2,544/mo rent. Total monthly income registers $2,544/mo, and a $1,405/mo payment leaves $503/mo available for distribution. Annual cash flow reaches $6,034/yr on $95,141 to close, and return on cash invested stands at 26.25% in year one. Equity gained on principal adds $1,852/yr while 5% annual appreciation supports $79,293 over five years. Portfolio math shows five-year ROI at 138.06% and total cumulative return in cash at $131,350. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,544/mo property income against a $1,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76135, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,736 (100%) |
| Owner Occupied HU | 5,433 (55.8%) |
| Renter Occupied HU | 3,527 (36.2%) |
| Vacant Housing Units | 776 ( 8.0%) |
| Median Home Value | $368,676 |
| Average Home Value | $419,949 |
Housing Distribution
Address Breakdown
Residential
8,573
Single Family
7,081
Multi-Family
1,492
Businesses
586
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Listed by: Ashlee Garrett • Engel & Volkers Fort Worth
Mls Name: NTREIS
Mls ID: #21099683