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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 6724 Mike Dr, Fort Worth, TX, 76180 with 5% annual appreciation on a $299,000 basis while $4,009/mo rent supports operations. Total monthly income totals $4,009/mo and a $1,463/mo payment preserves $1,883/mo for cash returns. Annual cash flow comes to $22,599/yr on $99,119 deployed, and return on cash invested reaches 42.71% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 16.09%. Five-year ROI measures 226.35% and total cumulative return in cash totals $224,350.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,009/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
10,410 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76180, North Richland Hills, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,061 (100%) |
| Owner Occupied HU | 8,037 (44.5%) |
| Renter Occupied HU | 8,782 (48.6%) |
| Vacant Housing Units | 1,242 ( 6.9%) |
| Median Home Value | $344,927 |
| Average Home Value | $380,786 |
Residential
17,028
Single Family
10,367
Multi-Family
6,661
Businesses
1,091
Date | Event | Price |
|---|---|---|
| 2024-07-12 | Price change | $299,000 |
| 2024-05-29 | Listed for sale | $309,000 |
| 2007-01-09 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $3006.42 | -20.19% | $283,064 | 16.72% |
| 2022-08-15 | $3766.93 | 0.62% | $242,520 | 9.20% |
| 2021-08-15 | $3743.66 | 8.83% | $222,092 | 11.96% |
Listed by: Sam Khazem • All City Real Estate, Ltd. Co.
Mls Name: NTREIS
Mls ID: #20623665
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.
