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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 8904 Preakness Cir, Fort Worth, TX, 76123 listed at $315,000 pairs $4,128/mo rent with a $1,542/mo payment to leave $1,697/mo cash flow. Total monthly income runs $4,128/mo, and annual cash flow reaches $20,370/yr on $104,423 cash to close. Return on cash invested measures 39.42% in year one, and rental yield registers 15.73% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 209.47% and total cumulative return in cash totals $218,729. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,128/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
6,621 sqft lot
$N/A/sqft
$264 annually HOA
Neighborhood data shown for ZIP Code: 76123, Fort Worth, TX area.
| 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 |
Residential
15,980
Single Family
13,815
Multi-Family
2,165
Businesses
179
Date | Event | Price |
|---|---|---|
| 2024-09-04 | Listed for sale | $315,000 |
| 2023-03-02 | Sold | N/A |
| 2023-02-05 | Pending sale | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | $7249.67 | 54.96% | $294,958 | 20.92% |
| 2022-09-05 | $4678.54 | 4.16% | $243,929 | 18.82% |
| 2021-09-05 | $4491.53 | 8.64% | $205,290 | 8.60% |
Listed by: Ben Heenan • Contre Management, LLC
Mls Name: NTREIS
Mls ID: #20715622
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.
