6032 Westridge Ln APT 211Fort WorthTX76116
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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 6032 Westridge Ln APT 211, Fort Worth, TX, 76116 offers a 10.2% rental yield on a $229,000 purchase with $1,947/mo rent. Total monthly income registers $1,947/mo, and a $1,121/mo payment leaves $318/mo available for distribution. Annual cash flow reaches $3,821/yr on $75,914 to close, and return on cash invested stands at 24.94% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 131.08% and total cumulative return in cash at $99,509. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,947/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
3,789 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76116, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,108 (100%) |
| Owner Occupied HU | 8,432 (33.6%) |
| Renter Occupied HU | 14,659 (58.4%) |
| Vacant Housing Units | 2,017 ( 8.0%) |
| Median Home Value | $366,259 |
| Average Home Value | $466,167 |
Housing Distribution
Address Breakdown
Residential
23,925
Single Family
13,115
Multi-Family
10,810
Businesses
1,943
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Listed by: Josh Mills • Relo Radar
Mls Name: NTREIS
Mls ID: #21132689