5204 Slate StFort WorthTX76114
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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 5204 Slate St, Fort Worth, TX, 76114 priced at $475,000 pairs $3,884/mo rent with $506/mo cash flow after a $2,325/mo payment. Total monthly income equals $3,884/mo, and annual cash flow comes to $6,073/yr on $157,463 invested. Return on cash invested is 23.77% in year one, and rental yield stands at 9.81% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 124.76% and total cumulative return in cash reaches $196,447. For financing, Ziffy Mortgage’s DSCR program evaluates $3,884/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
4,369 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76114, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,109 (100%) |
| Owner Occupied HU | 6,070 (50.1%) |
| Renter Occupied HU | 4,859 (40.1%) |
| Vacant Housing Units | 1,180 ( 9.7%) |
| Median Home Value | $246,422 |
| Average Home Value | $339,763 |
Housing Distribution
Address Breakdown
Residential
11,030
Single Family
9,409
Multi-Family
1,621
Businesses
720
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Listed by: Michael Karol • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20749921
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.