500 Throckmorton St APT 3206, Fort Worth, TX, 76102 | 4.93% Rental Yield

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500 Throckmorton St APT 3206, Fort Worth, TX, 76102 | 4.93% Rental Yield | Ziffy

For Sale

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

Rental property for sale in Fort Worth at 500 Throckmorton St APT 3206, Fort Worth, TX, 76102 generates $5,456/mo in rent, after a $6,500/mo payment. Total monthly income is $5,456/mo. Return on cash invested sits at 9.25% in year one, and rental yield is 4.93% on a $1,328,000 entry. Equity gained on principal adds $8,569/yr, while 5% annual appreciation builds toward $366,902 over five years. Five-year ROI reaches 46.82% and total cumulative return in cash sums $201,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,456/mo property income rather than buyer’s personal income.

Condo

Built in 1972

N/A lot

$N/A/sqft

No HOA

More details about the property

Truly Breathtaking. A complete renovation has transformed this spacious lock and leave condominium into a stunning home that will welcome both family and guests. Panoramic vistas from the floor to ceiling glass walls will mesmerize as you marvel at the sunsets, fireworks in July, Trinity River and one day, Panther Island, and City Lights as each day ends. This one has 2 patios and 5 deeded parking spaces. Important items to know are . . . the primary bath floor is heated, both the Kitchen and primary enjoy Touch faucets, there is a whole house water filtration system, the HVAC thermostats are wifi controlled, there are Lutron remote controlled wall mount window coverings, the three bedrooms each have black-out shades, there is surround sound in the central living space. One of the HVAC systems has recently been replaced with Trane equipment. A bonus is the entry and utility garage closets near the front of the home. The dining room, wet bar and master bedroom have built-ins that are not only beautiful in appearance but add much needed and efficient storage. Whether it is a holiday or every day, the warmth and beauty of this 32nd floor home will wrap you in lit's luxurious surroundings.

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