708 Northwood RdFort WorthTX76107
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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 708 Northwood Rd, Fort Worth, TX, 76107 priced at $1,049,800 converts $5,363/mo rent into after a $5,138/mo obligation. Total monthly income equals $5,363/mo. Return on cash invested prints 12.95% in year one, and rental yield reads 6.13% against a $1,049,800 entry. Equity gained on principal adds $6,774/yr, while 5% annual appreciation compiles into $290,040 by year five. Five-year ROI reaches 66.68% and total cumulative return in cash sums $226,803. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,363/mo property income covering a $5,138/mo payment, not borrower’s personal income.
Single Family
Built in 2015
7,274 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76107, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,751 (100%) |
| Owner Occupied HU | 7,423 (39.6%) |
| Renter Occupied HU | 8,887 (47.4%) |
| Vacant Housing Units | 2,441 (13.0%) |
| Median Home Value | $478,172 |
| Average Home Value | $589,989 |
Housing Distribution
Address Breakdown
Residential
17,768
Single Family
11,380
Multi-Family
6,388
Businesses
2,171
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Listed by: N/A • N/A
Mls Name: Williams Trew - An Ebby Halliday Real Estate Company
Mls ID: #21039849