724 E 1st StFort WorthTX76102
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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
Total monthly income runs $3,160/mo, and a $2,178/mo payment. Purchase price stands at $445,000, and rental yield measures 8.52% with $3,160/mo rent. Return on cash invested shows 15.5% in year one, and 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 81.99% and total cumulative return in cash records $120,944. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,160/mo property income covering a $2,178/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
958.32 sqft lot
$N/A/sqft
$2,800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76102, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,425
Single Family
1,134
Multi-Family
5,291
Businesses
1,474
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Listed by: Stephanie Simmons • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20801989
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.