6716 Lake Overlook DrFort WorthTX76135
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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 Fort Worth at 6716 Lake Overlook Dr, Fort Worth, TX, 76135 offers $4,192/mo rent that, after a $1,654/mo payment, leaves $1,714/mo cash flow. Total monthly income is $4,192/mo, and annual cash flow is $20,565/yr on $112,044 cash. Return on cash invested measures 38.26% in year one, and rental yield stands at 14.88% at a $337,990 entry. Equity gained on principal adds $2,181/yr while 5% annual appreciation compounds into $93,380 by year five. Five-year ROI records 202.77% and total cumulative return in cash reaches $227,195. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,192/mo property income versus a $1,654/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,172 sqft lot
$N/A/sqft
$900 annually 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: Stephen Kahn • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20619437
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.