5116 Ledgestone DrFort WorthTX76132
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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 5116 Ledgestone Dr, Fort Worth, TX, 76132 generates $2,298/mo in rent, after a $1,909/mo payment. Total monthly income is $2,298/mo. Return on cash invested sits at 15.5% in year one, and rental yield is 7.07% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 80.4% and total cumulative return in cash sums $103,940. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,298/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
6,882 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76132, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,148 (100%) |
| Owner Occupied HU | 4,149 (29.3%) |
| Renter Occupied HU | 8,935 (63.2%) |
| Vacant Housing Units | 1,064 ( 7.5%) |
| Median Home Value | $450,799 |
| Average Home Value | $567,053 |
Housing Distribution
Address Breakdown
Residential
13,306
Single Family
5,237
Multi-Family
8,069
Businesses
873
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Listed by: Jason Bagley • Foundwell Realty
Mls Name: NTREIS
Mls ID: #20989744