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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 6612 Rhea Ridge Dr, Fort Worth, TX, 76135 uses $104,389 cash to close to unlock $1,212/yr annual cash flow and $101/mo monthly cash flow. Total monthly income runs $2,340/mo, and a $1,541/mo payment keeps the spread at $101/mo. Purchase price stands at $314,900, and rental yield measures 8.92% with $2,340/mo rent. Return on cash invested shows 21.07% in year one, and 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 110.26% and total cumulative return in cash records $115,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $1,541/mo payment rather than investor’s personal income.
Single Family
Built in 1998
6,882 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76135, Fort Worth, TX area.
| 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 |
Residential
8,573
Single Family
7,081
Multi-Family
1,492
Businesses
586
Date | Event | Price |
|---|---|---|
| 2025-01-22 | Price change | $314,900 |
| 2024-12-26 | Listed for sale | $319,500 |
| 2024-11-14 | Listing removed | $319,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $5211.00 | 9.78% | $317,889 | -3.22% |
| 2023-02-13 | $4746.66 | -16.17% | $328,451 | 30.56% |
| 2022-02-13 | $5661.99 | -0.40% | $251,567 | 4.63% |
Listed by: Michelle Stum • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #20802862
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.
