8609 N Normandale StFort WorthTX76116
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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 8609 N Normandale St, Fort Worth, TX, 76116 priced at $197,000 pairs $1,595/mo rent with $194/mo cash flow after a $964/mo payment. Total monthly income equals $1,595/mo, and annual cash flow comes to $2,332/yr on $65,306 invested. Return on cash invested is 23.48% in year one, and rental yield stands at 9.72% on a $197,000 basis. Equity gained on principal adds $1,271/yr, and 5% annual appreciation accumulates to $54,427 by year five. Five-year ROI measures 123.25% and total cumulative return in cash reaches $80,486. For financing, Ziffy Mortgage’s DSCR program evaluates $1,595/mo property income against a $964/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
3,267 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
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Listed by: Bethany Rowan • Talley and Company, LTD
Mls Name: NTREIS
Mls ID: #21098594