824 Karnes StFort WorthTX76111
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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 824 Karnes St, Fort Worth, TX, 76111 with 5% annual appreciation on a $194,900 basis while $1,522/mo rent supports operations. Total monthly income totals $1,522/mo and a $954/mo payment preserves $136/mo for cash returns. Annual cash flow comes to $1,632/yr on $64,609 deployed, and return on cash invested reaches 22.43% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,847 alongside rental yield of 9.37%. Five-year ROI measures 117.57% and total cumulative return in cash totals $75,963.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,522/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1912
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76111, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,438 (100%) |
| Owner Occupied HU | 4,473 (53.0%) |
| Renter Occupied HU | 3,453 (40.9%) |
| Vacant Housing Units | 512 ( 6.1%) |
| Median Home Value | $221,259 |
| Average Home Value | $275,035 |
Housing Distribution
Address Breakdown
Residential
8,037
Single Family
7,079
Multi-Family
958
Businesses
1,079
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Listed by: Denise Abrams • Green Light Property Managemen
Mls Name: NTREIS
Mls ID: #21046630