6703 Fire Hill DrFort WorthTX76137
Nearby investment properties with comparable rents
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
Investment property for sale in Fort Worth at 6703 Fire Hill Dr, Fort Worth, TX, 76137 offers a 11.51% rental yield on a $232,500 purchase with $2,230/mo rent. Total monthly income registers $2,230/mo, and a $1,138/mo payment leaves $473/mo available for distribution. Annual cash flow reaches $5,680/yr on $77,074 to close, and return on cash invested stands at 27.28% in year one. Equity gained on principal adds $1,500/yr while 5% annual appreciation supports $64,235 over five years. Portfolio math shows five-year ROI at 144.19% and total cumulative return in cash at $111,132. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,230/mo property income against a $1,138/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
2,787 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76137, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,589 (100%) |
| Owner Occupied HU | 12,881 (54.6%) |
| Renter Occupied HU | 9,566 (40.6%) |
| Vacant Housing Units | 1,142 ( 4.8%) |
| Median Home Value | $329,314 |
| Average Home Value | $353,880 |
Housing Distribution
Address Breakdown
Residential
22,777
Single Family
15,251
Multi-Family
7,526
Businesses
803
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danielle Epp • Aspire Investments LLC
Mls Name: NTREIS
Mls ID: #20903588
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.