6220 Blacksmith AveFort 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 6220 Blacksmith Ave, Fort Worth, TX, 76179 uses $104,091 cash to close to unlock $8,940/yr annual cash flow and $745/mo monthly cash flow. Total monthly income runs $2,978/mo, and a $1,537/mo payment keeps the spread at $745/mo. Purchase price stands at $314,000, and rental yield measures 11.38% with $2,978/mo rent. Return on cash invested shows 28.5% in year one, and 5% annual appreciation builds toward $86,752 over five years. Five-year ROI reaches 150.09% and total cumulative return in cash records $156,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,978/mo property income covering a $1,537/mo payment rather than investor’s personal income.
Single Family
Built in 2022
5,488 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: Shivonne Carolina • Fathom Realty
Mls Name: NTREIS
Mls ID: #21111667