6050 Douglas StFort WorthTX76114
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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 6050 Douglas St, Fort Worth, TX, 76114 priced at $274,500 converts $2,293/mo rent into $341/mo cash flow after a $1,344/mo obligation. Total monthly income equals $2,293/mo, and annual cash flow totals $4,086/yr on $90,997 invested. Return on cash invested prints 24.4% in year one, and rental yield reads 10.02% against a $274,500 entry. Equity gained on principal adds $1,771/yr, while 5% annual appreciation compiles into $75,839 by year five. Five-year ROI reaches 128.14% and total cumulative return in cash sums $116,602. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,293/mo property income covering a $1,344/mo payment, not borrower’s personal income.
Single Family
Built in 1958
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76114, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,109 (100%) |
| Owner Occupied HU | 6,070 (50.1%) |
| Renter Occupied HU | 4,859 (40.1%) |
| Vacant Housing Units | 1,180 ( 9.7%) |
| Median Home Value | $246,422 |
| Average Home Value | $339,763 |
Housing Distribution
Address Breakdown
Residential
11,030
Single Family
9,409
Multi-Family
1,621
Businesses
720
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Listed by: Darlene Carter • Marie Pigg Real Estate
Mls Name: NTREIS
Mls ID: #20914695