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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 5051 Ridglea Ln APT 902, Fort Worth, TX, 76116 uses $37,128 cash to close to unlock $15,897/yr annual cash flow and $1,325/mo monthly cash flow. Total monthly income runs $2,390/mo, and a $548/mo payment keeps the spread at $1,325/mo. Purchase price stands at $112,000, and rental yield measures 25.61% with $2,390/mo rent. Return on cash invested shows 62.73% in year one, and 5% annual appreciation builds toward $30,944 over five years. Five-year ROI reaches 336.85% and total cumulative return in cash records $125,067. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,390/mo property income covering a $548/mo payment rather than investor’s personal income.
Condo
Built in 1968
2,700 sqft lot
$N/A/sqft
$269 monthly HOA
Neighborhood data shown for ZIP Code: 76116, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,108 (100%) |
| Owner Occupied HU | 8,432 (33.6%) |
| Renter Occupied HU | 14,659 (58.4%) |
| Vacant Housing Units | 2,017 ( 8.0%) |
| Median Home Value | $366,259 |
| Average Home Value | $466,167 |
Residential
23,925
Single Family
13,115
Multi-Family
10,810
Businesses
1,943
Date | Event | Price |
|---|---|---|
| 2024-11-23 | Listed for sale | $112,000 |
| 2024-09-20 | Listing removed | $112,000 |
| 2024-09-12 | Contingent | $112,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-12-27 | $1337.70 | 42.39% | $47,218 | 42.65% |
| 2015-12-27 | $939.49 | N/A | $33,100 | N/A |
| 2014-12-27 | $939.49 | N/A | $33,100 | N/A |
Listed by: Teresa Shurtz • Stepstone Realty, LLC
Mls Name: NTREIS
Mls ID: #20712348
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.
