5860 Barrier Reef 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 5860 Barrier Reef Dr, Fort Worth, TX, 76179 offers a 9.64% rental yield on a $329,000 purchase with $2,642/mo rent. Total monthly income registers $2,642/mo, and a $1,610/mo payment leaves $303/mo available for distribution. Annual cash flow reaches $3,633/yr on $109,064 to close, and return on cash invested stands at 23.24% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 121.91% and total cumulative return in cash at $132,957. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,642/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
5,532 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: Laurie Murdoch • Fathom Realty LLC
Mls Name: NTREIS
Mls ID: #21113811