5644 Salt Springs DrFort WorthTX76179
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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
Investment property for sale in Fort Worth at 5644 Salt Springs Dr, Fort Worth, TX, 76179 listed at $515,000 pairs $3,840/mo rent with a $2,521/mo payment to leave $177/mo cash flow. Total monthly income runs $3,840/mo, and annual cash flow reaches $2,129/yr on $169,435 cash to close. Return on cash invested measures 21.32% in year one, and rental yield registers 8.95% at a $515,000 basis. Equity gained on principal adds $3,323/yr, and annual property appreciation at 5% supports $142,285 by year five. Five-year ROI tracks 111.58% and total cumulative return in cash totals $189,061. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,840/mo property income relative to a $2,521/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
5,706 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76179, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,691 (100%) |
| Owner Occupied HU | 22,929 (79.9%) |
| Renter Occupied HU | 4,858 (16.9%) |
| Vacant Housing Units | 904 ( 3.2%) |
| Median Home Value | $355,811 |
| Average Home Value | $415,903 |
Housing Distribution
Address Breakdown
Residential
27,373
Single Family
25,754
Multi-Family
1,619
Businesses
1,077
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Listed by: Robert Sims • CENTURY 21 Judge Fite
Mls Name: NTREIS
Mls ID: #21061238