6232 N Ridge Rd, Fort Worth, TX, 76135 | 7.28% Rental Yield

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6232 N Ridge Rd, Fort Worth, TX, 76135 | 7.28% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fort Worth at 6232 N Ridge Rd, Fort Worth, TX, 76135 generates $3,001/mo in rent, after a $2,423/mo payment. Total monthly income is $3,001/mo. Return on cash invested sits at 16.11% in year one, and rental yield is 7.28% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 83.69% and total cumulative return in cash sums $137,326. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,001/mo property income rather than buyer’s personal income.

Single Family

Built in 1981

1.07 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 6232 N Ridge Rd, a spacious Fort Worth retreat that blends comfort, entertainment, and functionality. Step into a large living room centered around a cozy fireplace, perfect for relaxing evenings or gathering with guests. The kitchen is a standout, featuring an island with electric cooktop, breakfast bar, and a sunny breakfast nook for casual meals. A separate game or media room with a wet bar adds even more space for entertaining or unwinding. The primary bedroom offers an ensuite bath with dual sinks and a walk-in closet, providing a private and practical retreat. Outside, a massive backyard sets the stage for endless enjoyment with a covered patio and a large concrete pad ideal for a basketball court or other outdoor fun. Located just minutes from Lake Worth, this home offers quick access to boating, fishing, and outdoor recreation, as well as convenient shopping and dining options nearby. Enjoy the space and convenience of suburban living with the perks of Fort Worth's vibrant surroundings.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76135, Fort Worth, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,736 (100%)
Owner Occupied HU	5,433 (55.8%)
Renter Occupied HU	3,527 (36.2%)
Vacant Housing Units	776 ( 8.0%)
Median Home Value	$368,676
Average Home Value	$419,949