5705 Waits AveFort WorthTX76133
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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 5705 Waits Ave, Fort Worth, TX, 76133 generates $2,004/mo in rent and, after a $1,370/mo payment, leaves $13/mo in cash flow. Total monthly income is $2,004/mo, and annual cash flow is $160/yr on $92,820 invested. Return on cash invested sits at 20.08% in year one, and rental yield is 8.59% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 105.01% and total cumulative return in cash sums $97,473. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,004/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76133, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,225 (100%) |
| Owner Occupied HU | 11,543 (57.1%) |
| Renter Occupied HU | 7,862 (38.9%) |
| Vacant Housing Units | 820 ( 4.1%) |
| Median Home Value | $269,842 |
| Average Home Value | $289,873 |
Housing Distribution
Address Breakdown
Residential
19,433
Single Family
15,930
Multi-Family
3,503
Businesses
729
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Listed by: Liz Ramos • Realty Of America, LLC
Mls Name: NTREIS
Mls ID: #21152792