7636 Misty Ridge Dr NFort WorthTX76137
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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 7636 Misty Ridge Dr N, Fort Worth, TX, 76137 generates $2,270/mo in rent, after a $1,664/mo payment. Total monthly income is $2,270/mo. Return on cash invested sits at 18.34% in year one, and rental yield is 8.01% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 95.65% and total cumulative return in cash sums $107,802. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,270/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
5,880 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76137, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,589 (100%) |
| Owner Occupied HU | 12,881 (54.6%) |
| Renter Occupied HU | 9,566 (40.6%) |
| Vacant Housing Units | 1,142 ( 4.8%) |
| Median Home Value | $329,314 |
| Average Home Value | $353,880 |
Housing Distribution
Address Breakdown
Residential
22,777
Single Family
15,251
Multi-Family
7,526
Businesses
803
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Listed by: Holly Oestereich • Bray Real Estate-Ft Worth
Mls Name: NTREIS
Mls ID: #21076611