8016 Longford StBenbrookTX76116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Benbrook at 8016 Longford St, Benbrook, TX, 76116 priced at $324,900 converts $4,631/mo rent into $2,321/mo cash flow after a $1,590/mo obligation. Total monthly income equals $4,631/mo, and annual cash flow totals $27,850/yr on $107,704 invested. Return on cash invested prints 45.77% in year one, and rental yield reads 17.1% against a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,764 by year five. Five-year ROI reaches 242.7% and total cumulative return in cash sums $261,401. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,631/mo property income covering a $1,590/mo payment, not borrower’s personal income.
Single Family
Built in 1966
10,541 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gregory Wilson • Longhorn Real Estate
Mls Name: NTREIS
Mls ID: #20716420
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.