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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% |
Investment property for sale in Fort Worth at 5024 Merida Ave, Fort Worth, TX, 76115 listed at $190,000 pairs $1,832/mo rent with a $930/mo payment to leave $341/mo cash flow. Total monthly income runs $1,832/mo, and annual cash flow reaches $4,087/yr on $62,985 cash to close. Return on cash invested measures 26.4% in year one, and rental yield registers 11.57% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 139.82% and total cumulative return in cash totals $88,068. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,832/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
9,408 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76115, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,421 (100%) |
| Owner Occupied HU | 3,088 (48.1%) |
| Renter Occupied HU | 3,013 (46.9%) |
| Vacant Housing Units | 320 ( 5.0%) |
| Median Home Value | $162,418 |
| Average Home Value | $222,520 |
Residential
6,228
Single Family
5,856
Multi-Family
372
Businesses
774
Date | Event | Price |
|---|---|---|
| 2024-12-26 | Listed for sale | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4836.74 | 4.58% | $215,553 | 5.46% |
| 2023-02-13 | $4625.11 | 2.42% | $204,400 | 17.67% |
| 2022-02-13 | $4515.74 | 28.44% | $173,709 | 32.81% |
Listed by: Maria Calvo • Rendon Realty, LLC
Mls Name: NTREIS
Mls ID: #20803009
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.
