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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 9024 Penny Ln, Fort Worth, TX, 76123 earns $359/mo cash flow from $2,938/mo rent with a $1,757/mo payment. Total monthly income totals $2,938/mo, and annual cash flow totals $4,311/yr on $119,009 capital. ROI tracks 23.53% on current figures, and rental yield reads 9.82% at a $359,000 purchase. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 over five years. Five-year ROI reaches 123.59% and total cumulative return in cash sums $147,079. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,938/mo property income instead of your personal income.
Single Family
Built in 2006
6,621 sqft lot
$N/A/sqft
$78 quarterly 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 |
|---|---|---|
| 2024-10-31 | Listed for sale | $359,000 |
| 2020-10-30 | Sold | N/A |
| 2020-10-11 | Pending sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $5819.73 | 8.87% | $386,414 | -2.02% |
| 2023-02-13 | $5345.39 | -15.26% | $394,393 | 36.18% |
| 2022-02-13 | $6308.28 | -11.86% | $289,602 | 14.47% |
Listed by: Delaine Douglas • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20764720
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.
