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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% |
Investment property for sale in Fort Worth at 6304 Locke Ave, Fort Worth, TX, 76116 earns $250/mo cash flow from $3,770/mo rent with a $2,423/mo payment. Total monthly income totals $3,770/mo, and annual cash flow totals $2,997/yr on $164,093 capital. ROI tracks 21.74% on current figures, and rental yield reads 9.14% at a $495,000 purchase. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,759 over five years. Five-year ROI reaches 113.85% and total cumulative return in cash sums $186,814. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,770/mo property income instead of your personal income.
Single Family
Built in 1942
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76116, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,108 (100%) |
| Owner Occupied HU | 8,432 (33.6%) |
| Renter Occupied HU | 14,659 (58.4%) |
| Vacant Housing Units | 2,017 ( 8.0%) |
| Median Home Value | $366,259 |
| Average Home Value | $466,167 |
Residential
23,925
Single Family
13,115
Multi-Family
10,810
Businesses
1,943
Date | Event | Price |
|---|---|---|
| 2024-08-06 | Price change | $495,000 |
| 2024-07-24 | Listed for sale | $500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $5502.88 | -15.50% | $354,140 | 14.24% |
| 2022-08-14 | $6512.24 | 3.87% | $310,000 | 19.27% |
| 2021-08-14 | $6269.79 | N/A | $259,910 | N/A |
Listed by: Corey Bearden • League Real Estate
Mls Name: NTREIS
Mls ID: #20682484
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.
