7217 Norma StFort WorthTX76112
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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 7217 Norma St, Fort Worth, TX, 76112 generates $1,990/mo in rent and, after a $1,145/mo payment, leaves $326/mo in cash flow. Total monthly income is $1,990/mo, and annual cash flow is $3,916/yr on $77,571 invested. Return on cash invested sits at 24.96% in year one, and rental yield is 10.21% on a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation builds toward $64,650 over five years. Five-year ROI reaches 131.17% and total cumulative return in cash sums $101,751. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,990/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
7,666 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76112, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,210 (100%) |
| Owner Occupied HU | 8,035 (44.1%) |
| Renter Occupied HU | 8,664 (47.6%) |
| Vacant Housing Units | 1,511 ( 8.3%) |
| Median Home Value | $268,312 |
| Average Home Value | $319,616 |
Housing Distribution
Address Breakdown
Residential
17,912
Single Family
12,782
Multi-Family
5,130
Businesses
898
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Listed by: Elvira Sanchez • Only 1 Realty Group Dallas
Mls Name: NTREIS
Mls ID: #20997133