500 Throckmorton St APT 2005, Fort Worth, TX, 76102 | $718/mo Cash Flow

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500 Throckmorton St APT 2005, Fort Worth, TX, 76102 | $718/mo Cash Flow | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Worth at 500 Throckmorton St APT 2005, Fort Worth, TX, 76102 earns $718/mo cash flow from $3,654/mo rent with a $2,021/mo payment. Total monthly income totals $3,654/mo, and annual cash flow totals $8,610/yr on $136,910 capital. ROI tracks 26.2% on current figures, and rental yield reads 10.62% at a $413,000 purchase. Equity gained on principal adds $2,665/yr, and 5% annual appreciation supports $114,104 over five years. Five-year ROI reaches 137.78% and total cumulative return in cash sums $188,633. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,654/mo property income instead of your personal income.

Condo

Built in 1972

2.23 Acres lot

$N/A/sqft

No HOA

More details about the property

Located on the 20th floor of The Tower in downtown Fort Worth, 500 Throckmorton Street #2005 is a luxurious condominium offering modern urban living. This residence features 2 bedrooms, 2.5 bathrooms, and a flexible study or additional room, encompassing approximately 1,556 square feet of living space. The interior boasts an open floor plan with floor-to-ceiling windows that provide panoramic city views and abundant natural light. High-quality wood floors enhance the contemporary aesthetic, and a private balcony offers a serene outdoor space. Residents of The Tower enjoy amenities such as a state of the art fitness center, outdoor pool, and 24-hour concierge service. The prime downtown location provides easy access to Sundance Square, renowned restaurants, vibrant nightlife, shopping, and entertainment venues, all within walking distance. This property includes two deeded parking spaces, adding to its convenience and appeal. Originally built in 1972, The Tower has been a prominent feature of Fort Worth's skyline, offering residents a blend of historic charm and modern luxury. Parking spots are #849 and #850 2025-03-10

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