8428 Grand Oak RdFort WorthTX76123
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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 8428 Grand Oak Rd, Fort Worth, TX, 76123 priced at $429,500 converts $6,006/mo rent into $2,636/mo cash flow after a $2,102/mo obligation. Total monthly income equals $6,006/mo, and annual cash flow totals $31,632/yr on $142,379 invested. Return on cash invested prints 42.13% in year one, and rental yield reads 16.78% against a $429,500 entry. Equity gained on principal adds $2,772/yr, while 5% annual appreciation compiles into $118,663 by year five. Five-year ROI reaches 224.18% and total cumulative return in cash sums $319,190. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,006/mo property income covering a $2,102/mo payment, not borrower’s personal income.
Single Family
Built in 2018
5,488 sqft lot
$N/A/sqft
$92 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76123, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,000 (100%) |
| Owner Occupied HU | 11,766 (73.5%) |
| Renter Occupied HU | 3,326 (20.8%) |
| Vacant Housing Units | 908 ( 5.7%) |
| Median Home Value | $342,641 |
| Average Home Value | $373,292 |
Housing Distribution
Address Breakdown
Residential
15,980
Single Family
13,815
Multi-Family
2,165
Businesses
179
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Listed by: Shawn Zahid • Ultima Real Estate
Mls Name: NTREIS
Mls ID: #20720662
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.