6452 Canyon TrlLake WorthTX76135
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Nearby investment properties with comparable prices
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 Lake Worth at 6452 Canyon Trl, Lake Worth, TX, 76135 priced at $347,000 converts $3,318/mo rent into $851/mo cash flow after a $1,698/mo obligation. Total monthly income equals $3,318/mo, and annual cash flow totals $10,210/yr on $115,031 invested. Return on cash invested prints 28.78% in year one, and rental yield reads 11.47% against a $347,000 entry. Equity gained on principal adds $2,239/yr, while 5% annual appreciation compiles into $95,870 by year five. Five-year ROI reaches 151.64% and total cumulative return in cash sums $174,428. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,318/mo property income covering a $1,698/mo payment, not borrower’s personal income.
Single Family
Built in 2017
10,802 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
8,573
Single Family
7,081
Multi-Family
1,492
Businesses
586
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Listed by: Chandler Crouch • Chandler Crouch, REALTORS
Mls Name: NTREIS
Mls ID: #20738370
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.