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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 6650 Mike Lane Ct, Fort Worth, TX, 76116 offers a 3.46% rental yield on a $895,000 purchase with $2,580/mo rent. 64% in year one. Equity gained on principal adds $5,775/yr while 5% annual appreciation supports $247,272 over five years. Portfolio math shows five-year ROI at 22.13% and total cumulative return in cash at $65,174. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,580/mo property income against a $4,381/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.29 Acres 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 |
|---|---|---|
| 2025-06-17 | Listed for sale | $895,000 |
| 2025-06-09 | Listing removed | $895,000 |
| 2025-05-29 | Price change | $895,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-17 | $2633.91 | -38.49% | $488,345 | -2.32% |
| 2023-06-17 | $4281.91 | -3.27% | $499,921 | -13.56% |
| 2022-06-17 | $4426.51 | 2.30% | $578,353 | 36.86% |
Listed by: Christina Chambliess • x2 Realty Group
Mls Name: NTREIS
Mls ID: #20972061
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.
