805 Lake Charles AveFort WorthTX76103
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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
Investment property for sale in Fort Worth at 805 Lake Charles Ave, Fort Worth, TX, 76103 listed at $348,200 pairs $2,857/mo rent with a $1,704/mo payment to leave $381/mo cash flow. Total monthly income runs $2,857/mo, and annual cash flow reaches $4,574/yr on $115,428 cash to close. Return on cash invested measures 23.87% in year one, and rental yield registers 9.85% at a $348,200 basis. Equity gained on principal adds $2,247/yr, and annual property appreciation at 5% supports $96,201 by year five. Five-year ROI tracks 125.33% and total cumulative return in cash totals $144,661. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,857/mo property income relative to a $1,704/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
10,672 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76103, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,794 (100%) |
| Owner Occupied HU | 3,055 (52.7%) |
| Renter Occupied HU | 2,220 (38.3%) |
| Vacant Housing Units | 519 ( 9.0%) |
| Median Home Value | $221,889 |
| Average Home Value | $277,565 |
Housing Distribution
Address Breakdown
Residential
5,361
Single Family
4,888
Multi-Family
473
Businesses
399
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Listed by: Marymargaret Davis • Mary Margaret Davis, Broker
Mls Name: NTREIS
Mls ID: #20990731