700 Hodgson StFort WorthTX76115
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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 700 Hodgson St, Fort Worth, TX, 76115 offers $1,774/mo rent that, after a $925/mo payment, leaves $430/mo cash flow. Total monthly income is $1,774/mo, and annual cash flow is $5,161/yr on $62,654 cash. Return on cash invested measures 28.15% in year one, and rental yield stands at 11.26% at a $189,000 entry. Equity gained on principal adds $1,220/yr while 5% annual appreciation compounds into $52,217 by year five. Five-year ROI records 148.3% and total cumulative return in cash reaches $92,914. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,774/mo property income versus a $925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
7,361 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76115, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,421 (100%) |
| Owner Occupied HU | 3,088 (48.1%) |
| Renter Occupied HU | 3,013 (46.9%) |
| Vacant Housing Units | 320 ( 5.0%) |
| Median Home Value | $162,418 |
| Average Home Value | $222,520 |
Housing Distribution
Address Breakdown
Residential
6,228
Single Family
5,856
Multi-Family
372
Businesses
774
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Listed by: Al Martinez • Fort Worth Home Realty
Mls Name: NTREIS
Mls ID: #21119567