8908 Horse Herd DrFort 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
Investment property for sale in Fort Worth at 8908 Horse Herd Dr, Fort Worth, TX, 76123 uses $140,884 cash to close to unlock $2,870/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $3,344/mo, and a $2,080/mo payment keeps the spread at $239/mo. Purchase price stands at $424,990, and rental yield measures 9.44% with $3,344/mo rent. Return on cash invested shows 21.95% in year one, and 5% annual appreciation builds toward $117,417 over five years. Five-year ROI reaches 115.25% and total cumulative return in cash records $162,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,344/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 2022
5,898 sqft lot
$N/A/sqft
$193 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: Carl Turner • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20872214
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.