6421 Banbury DrForest HillTX76119
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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
Rental property for sale in Forest Hill at 6421 Banbury Dr, Forest Hill, TX, 76119 generates $2,687/mo in rent and, after a $1,448/mo payment, leaves $583/mo in cash flow. Total monthly income is $2,687/mo, and annual cash flow is $6,997/yr on $98,091 invested. Return on cash invested sits at 27.04% in year one, and rental yield is 10.9% on a $295,900 entry. Equity gained on principal adds $1,909/yr, while 5% annual appreciation builds toward $81,752 over five years. Five-year ROI reaches 142.33% and total cumulative return in cash sums $139,617. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,687/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76119, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,035 (100%) |
| Owner Occupied HU | 8,890 (52.2%) |
| Renter Occupied HU | 7,287 (42.8%) |
| Vacant Housing Units | 858 ( 5.0%) |
| Median Home Value | $136,930 |
| Average Home Value | $177,699 |
Housing Distribution
Address Breakdown
Residential
16,480
Single Family
13,037
Multi-Family
3,443
Businesses
1,217
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Listed by: Corbin Hicks • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #20752345
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.