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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Edgecliff Village at 6115 Meredith Ln, Edgecliff Village, TX, 76134 priced at $345,000 pairs $3,972/mo rent with $1,518/mo cash flow after a $1,689/mo payment. Total monthly income equals $3,972/mo, and annual cash flow comes to $18,219/yr on $114,368 invested. Return on cash invested is 35.84% in year one, and rental yield stands at 13.82% on a $345,000 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,317 by year five. Five-year ROI measures 189.51% and total cumulative return in cash reaches $216,736. For financing, Ziffy Mortgage’s DSCR program evaluates $3,972/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76134, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,373 (100%) |
| Owner Occupied HU | 5,934 (63.3%) |
| Renter Occupied HU | 3,001 (32.0%) |
| Vacant Housing Units | 438 ( 4.7%) |
| Median Home Value | $300,726 |
| Average Home Value | $318,461 |
Residential
9,311
Single Family
8,004
Multi-Family
1,307
Businesses
316
Date | Event | Price |
|---|---|---|
| 2024-08-23 | Listed for sale | $345,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2717.57 | -24.50% | $216,341 | 10.94% |
| 2022-08-30 | $3599.26 | 1.35% | $195,010 | 12.40% |
| 2021-08-30 | $3551.46 | -15.09% | $173,500 | -16.37% |
Listed by: Jarred Carlton • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20704544
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.
