709 Ridgewater TrlFort WorthTX76131
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Nearby investment properties with comparable prices
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
Investment property for sale in Fort Worth at 709 Ridgewater Trl, Fort Worth, TX, 76131 at $279,000 posts ROI 26.4% with $501/mo cash flow from $2,485/mo rent. Total monthly income equals $2,485/mo, and annual cash flow records $6,007/yr on $92,489 to close. Return on cash invested measures 26.4% and rental yield reads 10.69% at the current $279,000. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 by year five. Five-year ROI prints 138.9% and total cumulative return in cash totals $128,467.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,485/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
6,655 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76131, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,998 (100%) |
| Owner Occupied HU | 14,795 (74.0%) |
| Renter Occupied HU | 4,776 (23.9%) |
| Vacant Housing Units | 427 ( 2.1%) |
| Median Home Value | $349,723 |
| Average Home Value | $371,956 |
Housing Distribution
Address Breakdown
Residential
19,770
Single Family
16,925
Multi-Family
2,845
Businesses
395
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Listed by: Keith Vignola • Mark Spain Real Estate
Mls Name: NTREIS
Mls ID: #21141674