711 Ernest StFort WorthTX76105
Nearby investment properties with comparable rents
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
Rental property for sale in Fort Worth at 711 Ernest St, Fort Worth, TX, 76105 priced at $270,000 converts $2,227/mo rent into $307/mo cash flow after a $1,322/mo obligation. Total monthly income equals $2,227/mo, and annual cash flow totals $3,678/yr on $89,505 invested. Return on cash invested prints 24.02% in year one, and rental yield reads 9.9% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 126.12% and total cumulative return in cash sums $112,885. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,227/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Single Family
Built in 1918
6,446 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76105, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,993 (100%) |
| Owner Occupied HU | 4,041 (50.6%) |
| Renter Occupied HU | 3,316 (41.5%) |
| Vacant Housing Units | 636 ( 8.0%) |
| Median Home Value | $111,427 |
| Average Home Value | $171,274 |
Housing Distribution
Address Breakdown
Residential
7,461
Single Family
6,952
Multi-Family
509
Businesses
717
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Nearby investment properties with comparable prices
Listed by: Cassandra Jones • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #21063104