6949 Allen Place DrFort WorthTX76116
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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 6949 Allen Place Dr, Fort Worth, TX, 76116 priced at $481,000 pairs $3,061/mo rent with after a $2,354/mo payment. Total monthly income equals $3,061/mo. Return on cash invested is 17.21% in year one, and rental yield stands at 7.64% on a $481,000 basis. Equity gained on principal adds $3,104/yr, and 5% annual appreciation accumulates to $132,891 by year five. Five-year ROI measures 89.55% and total cumulative return in cash reaches $142,795. For financing, Ziffy Mortgage’s DSCR program evaluates $3,061/mo property income against a $2,354/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76116, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,925
Single Family
13,115
Multi-Family
10,810
Businesses
1,943
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Listed by: Keith Vignola • MARK SPAIN REAL ESTATE
Mls Name: NTREIS
Mls ID: #20720670
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.