5748 Spirit Lake 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
Rental property for sale in Fort Worth at 5748 Spirit Lake Dr, Fort Worth, TX, 76179 priced at $475,000 pairs $4,152/mo rent with $702/mo cash flow after a $2,325/mo payment. Total monthly income equals $4,152/mo, and annual cash flow comes to $8,418/yr on $157,463 invested. Return on cash invested is 25.26% in year one, and rental yield stands at 10.49% 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 132.93% and total cumulative return in cash reaches $209,311. For financing, Ziffy Mortgage’s DSCR program evaluates $4,152/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
0.29 Acres lot
$N/A/sqft
$198 semi-annually 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: Matthew Brown • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20890073
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.