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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Fort Worth at 724 E Ramsey Ave, Fort Worth, TX, 76104 priced at $124,900 converts $2,710/mo rent into $1,822/mo cash flow after a $611/mo obligation. Total monthly income equals $2,710/mo, and annual cash flow totals $21,866/yr on $41,404 invested. Return on cash invested prints 72.72% in year one, and rental yield reads 26.04% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 387.37% and total cumulative return in cash sums $160,390. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,710/mo property income covering a $611/mo payment, not borrower’s personal income.
Single Family
Built in 1935
6,185 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76104, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,503 (100%) |
| Owner Occupied HU | 3,333 (31.7%) |
| Renter Occupied HU | 6,088 (58.0%) |
| Vacant Housing Units | 1,082 (10.3%) |
| Median Home Value | $156,599 |
| Average Home Value | $361,071 |
Residential
10,158
Single Family
6,350
Multi-Family
3,808
Businesses
1,531
Date | Event | Price |
|---|---|---|
| 2024-08-08 | Listed for sale | $124,900 |
| 2024-08-01 | Listing removed | N/A |
| 2024-07-28 | Price change | $119,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $1919.89 | 86.17% | $84,847 | -16.83% |
| 2022-08-14 | $1031.27 | -7.59% | $102,013 | 8.76% |
| 2021-08-14 | $1115.98 | 11.34% | $93,797 | 20.39% |
Listed by: Maria Martinez • Blue Moon Realty Group LLC
Mls Name: NTREIS
Mls ID: #20698032
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.
