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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% |
Rental property for sale in Fort Worth at 704 E 1st St, Fort Worth, TX, 76102 generates $3,425/mo in rent, after a $2,986/mo payment. Total monthly income is $3,425/mo. Return on cash invested sits at 11.36% in year one, and rental yield is 6.74% on a $610,000 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation builds toward $168,532 over five years. Five-year ROI reaches 59.38% and total cumulative return in cash sums $119,167. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,425/mo property income rather than buyer’s personal income.
Townhouse
Built in 2005
2,003 sqft lot
$N/A/sqft
$1,900 annually HOA
Neighborhood data shown for ZIP Code: 76102, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,825 (100%) |
| Owner Occupied HU | 934 (11.9%) |
| Renter Occupied HU | 5,248 (67.1%) |
| Vacant Housing Units | 1,643 (21.0%) |
| Median Home Value | $452,672 |
| Average Home Value | $499,269 |
Residential
6,425
Single Family
1,134
Multi-Family
5,291
Businesses
1,474
Date | Event | Price |
|---|---|---|
| 2024-11-12 | Price change | $610,000 |
| 2024-09-30 | Listed for sale | $615,000 |
| 2024-09-14 | Listing removed | $615,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $14720.81 | 9.31% | $620,116 | 10.18% |
| 2023-02-13 | $13466.54 | 6.10% | $562,801 | 21.03% |
| 2022-02-13 | $12692.64 | 28.02% | $465,000 | 7.69% |
Listed by: Steven Bradbury • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20677755
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.
