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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 7508 Chapin Rd, Fort Worth, TX, 76116 offers $2,580/mo rent that, after a $3,157/mo payment. Total monthly income is $2,580/mo. Return on cash invested measures 8.11% in year one, and rental yield stands at 4.8% at a $645,000 entry. Equity gained on principal adds $4,162/yr while 5% annual appreciation compounds into $178,202 by year five. Five-year ROI records 40.97% and total cumulative return in cash reaches $86,944. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,580/mo property income versus a $3,157/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1984
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76116, Fort Worth, TX area.
| 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 |
Residential
23,925
Single Family
13,115
Multi-Family
10,810
Businesses
1,943
Date | Event | Price |
|---|---|---|
| 2025-02-12 | Price change | $645,000 |
| 2025-01-22 | Listed for sale | $650,000 |
| 2016-01-19 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $11984.23 | -6.00% | $534,085 | -5.21% |
| 2023-02-13 | $12749.20 | 35.12% | $563,433 | 55.23% |
| 2022-02-13 | $9435.48 | -4.02% | $362,959 | -0.75% |
Listed by: Tammy Wright • Wright Realty Services DFW
Mls Name: NTREIS
Mls ID: #20821051
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.
