500 Joy DrWhite SettlementTX76108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 White Settlement at 500 Joy Dr, White Settlement, TX, 76108 with 5% annual appreciation on a $175,000 basis while $1,678/mo rent supports operations. Total monthly income totals $1,678/mo and a $857/mo payment preserves $379/mo for cash returns. Annual cash flow comes to $4,546/yr on $58,013 deployed, and return on cash invested reaches 27.75% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 11.51%. Five-year ROI measures 146.5% and total cumulative return in cash totals $84,991.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,678/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76108, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,073 (100%) |
| Owner Occupied HU | 13,143 (65.5%) |
| Renter Occupied HU | 5,956 (29.7%) |
| Vacant Housing Units | 974 ( 4.9%) |
| Median Home Value | $319,563 |
| Average Home Value | $378,113 |
Housing Distribution
Address Breakdown
Residential
19,538
Single Family
17,115
Multi-Family
2,423
Businesses
718
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandon Shearin • Southern Hills Realty
Mls Name: NTREIS
Mls ID: #20790287
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.