7416 Gaston AveFort WorthTX76116
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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 7416 Gaston Ave, Fort Worth, TX, 76116 offers $1,700/mo rent that, after a $875/mo payment, leaves $425/mo cash flow. Total monthly income is $1,700/mo, and annual cash flow is $5,105/yr on $59,272 cash. Return on cash invested measures 28.52% in year one, and rental yield stands at 11.41% at a $178,800 entry. Equity gained on principal adds $1,154/yr while 5% annual appreciation compounds into $49,399 by year five. Five-year ROI records 150.3% and total cumulative return in cash reaches $89,088. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,700/mo property income versus a $875/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
7,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76116, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,108 (100%) |
| Owner Occupied HU | 8,432 (33.6%) |
| Renter Occupied HU | 14,659 (58.4%) |
| Vacant Housing Units | 2,017 ( 8.0%) |
| Median Home Value | $366,259 |
| Average Home Value | $466,167 |
Housing Distribution
Address Breakdown
Residential
23,925
Single Family
13,115
Multi-Family
10,810
Businesses
1,943
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Listed by: Laura Morales Harbor • North Texas Associate,REALTORS
Mls Name: NTREIS
Mls ID: #20791234
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.