820 Newport RdFort WorthTX76120
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 Fort Worth at 820 Newport Rd, Fort Worth, TX, 76120 offers $3,196/mo rent that, after a $2,129/mo payment, leaves $103/mo cash flow. Total monthly income is $3,196/mo, and annual cash flow is $1,236/yr on $144,169 cash. Return on cash invested measures 20.77% in year one, and rental yield stands at 8.82% at a $434,900 entry. Equity gained on principal adds $2,806/yr while 5% annual appreciation compounds into $120,155 by year five. Five-year ROI records 108.63% and total cumulative return in cash reaches $156,617. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,196/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76120, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,123 (100%) |
| Owner Occupied HU | 4,007 (43.9%) |
| Renter Occupied HU | 4,644 (50.9%) |
| Vacant Housing Units | 472 ( 5.2%) |
| Median Home Value | $334,226 |
| Average Home Value | $447,957 |
Housing Distribution
Address Breakdown
Residential
8,754
Single Family
4,479
Multi-Family
4,275
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheyenne Sanders • Peak Point Real Estate
Mls Name: NTREIS
Mls ID: #21121442