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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 Saginaw at 617 Fossil Wood Dr, Saginaw, TX, 76179 offers $2,346/mo rent that, after a $1,395/mo payment, leaves $286/mo cash flow. Total monthly income is $2,346/mo, and annual cash flow is $3,431/yr on $94,478 cash. Return on cash invested measures 23.54% in year one, and rental yield stands at 9.88% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 123.67% and total cumulative return in cash reaches $116,838. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,346/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
9,104 sqft lot
$N/A/sqft
$100 quarterly HOA
Neighborhood data shown for ZIP Code: 76179, Fort Worth, TX area.
| 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 |
Residential
27,373
Single Family
25,754
Multi-Family
1,619
Businesses
1,077
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Price change | $285,000 |
| 2024-09-17 | Listed for sale | $292,000 |
| 2005-08-31 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $3644.93 | -19.18% | $269,112 | 17.71% |
| 2022-10-23 | $4509.76 | 5.96% | $228,626 | 24.73% |
| 2021-10-23 | $4255.94 | N/A | $183,301 | N/A |
Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20731051
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.
