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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Fort Worth at 4708 Highgrove Dr, Fort Worth, TX, 76132 priced at $270,000 converts $2,107/mo rent into $79/mo cash flow after a $1,322/mo obligation. Total monthly income equals $2,107/mo, and annual cash flow totals $953/yr on $89,505 invested. Return on cash invested prints 20.97% in year one, and rental yield reads 9.36% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 110.31% and total cumulative return in cash sums $98,737. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,107/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Single Family
Built in 1962
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76132, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,148 (100%) |
| Owner Occupied HU | 4,149 (29.3%) |
| Renter Occupied HU | 8,935 (63.2%) |
| Vacant Housing Units | 1,064 ( 7.5%) |
| Median Home Value | $450,799 |
| Average Home Value | $567,053 |
Residential
13,306
Single Family
5,237
Multi-Family
8,069
Businesses
873
Date | Event | Price |
|---|---|---|
| 2024-11-14 | Price change | $270,000 |
| 2024-10-18 | Price change | $272,500 |
| 2024-10-03 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $5765.85 | 27.51% | $256,959 | -3.95% |
| 2023-12-27 | $4521.83 | -20.10% | $267,538 | 22.90% |
| 2022-12-27 | $5659.04 | 9.69% | $217,689 | 13.42% |
Listed by: Micaela Mead • Reside Real Estate LLC
Mls Name: NTREIS
Mls ID: #20739337
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
