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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 7412 Summer Meadows Dr, Fort Worth, TX, 76123 priced at $369,999 pairs $3,220/mo rent with $576/mo cash flow after a $1,811/mo payment. Total monthly income equals $3,220/mo, and annual cash flow comes to $6,916/yr on $122,655 invested. Return on cash invested is 25.55% in year one, and rental yield stands at 10.44% on a $369,999 basis. Equity gained on principal adds $2,388/yr, and 5% annual appreciation accumulates to $102,224 by year five. Five-year ROI measures 134.35% and total cumulative return in cash reaches $164,789. For financing, Ziffy Mortgage’s DSCR program evaluates $3,220/mo property income against a $1,811/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
7,405 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood data shown for ZIP Code: 76123, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,000 (100%) |
| Owner Occupied HU | 11,766 (73.5%) |
| Renter Occupied HU | 3,326 (20.8%) |
| Vacant Housing Units | 908 ( 5.7%) |
| Median Home Value | $342,641 |
| Average Home Value | $373,292 |
Residential
15,980
Single Family
13,815
Multi-Family
2,165
Businesses
179
Date | Event | Price |
|---|---|---|
| 2025-02-05 | Listed for sale | $369,999 |
| 2024-11-02 | Listing removed | $389,500 |
| 2024-09-30 | Listed for sale | $389,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4110.75 | -13.07% | $354,547 | -3.21% |
| 2023-02-13 | $4728.71 | -16.44% | $366,320 | 27.84% |
| 2022-02-13 | $5659.38 | -12.02% | $286,546 | 6.72% |
Listed by: Noemie Lilomba • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20834679
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.
