500 Throckmorton St APT 1702Fort 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 500 Throckmorton St APT 1702, Fort Worth, TX, 76102 generates $1,924/mo in rent, after a $1,786/mo payment. Total monthly income is $1,924/mo. Return on cash invested sits at 7.97% in year one, and rental yield is 6.33% on a $364,990 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,840 over five years. Five-year ROI reaches 41.92% and total cumulative return in cash sums $50,716. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,924/mo property income rather than buyer’s personal income.
Condo
Built in 1972
914.76 sqft lot
$N/A/sqft
$533 monthly 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: Quincy Johnson • STONECREST REALTY
Mls Name: NTREIS
Mls ID: #20907984
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.