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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Fort Worth at 8713 Elbe Trl, Fort Worth, TX, 76118 uses $100,113 cash to close to unlock $12,268/yr annual cash flow and $1,022/mo monthly cash flow. Total monthly income runs $3,276/mo, and a $1,478/mo payment keeps the spread at $1,022/mo. Purchase price stands at $302,000, and rental yield measures 13.02% with $3,276/mo rent. Return on cash invested shows 32.16% in year one, and 5% annual appreciation builds toward $83,437 over five years. Five-year ROI reaches 170.25% and total cumulative return in cash records $170,440. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,276/mo property income covering a $1,478/mo payment rather than investor’s personal income.
Single Family
Built in 1986
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76118, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,640 (100%) |
| Owner Occupied HU | 4,497 (67.7%) |
| Renter Occupied HU | 1,835 (27.6%) |
| Vacant Housing Units | 308 ( 4.6%) |
| Median Home Value | $335,346 |
| Average Home Value | $367,708 |
Residential
6,239
Single Family
5,543
Multi-Family
696
Businesses
696
Date | Event | Price |
|---|---|---|
| 2024-07-17 | Listed for sale | $302,000 |
| 2024-05-25 | Listing removed | N/A |
| 2024-04-08 | Listed for rent | $2,249 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $6287.62 | 23.49% | $296,380 | 41.33% |
| 2022-08-14 | $5091.43 | -3.11% | $209,714 | N/A |
| 2021-08-14 | $5254.60 | 11.43% | $209,714 | 13.98% |
Listed by: Noahmi Parra • Jason Mitchell Real Estate
Mls Name: NTREIS
Mls ID: #20676798
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.
