912 Iona DrFort WorthTX76120
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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 912 Iona Dr, Fort Worth, TX, 76120 offers a 9.03% rental yield on a $329,500 purchase with $2,480/mo rent. Total monthly income registers $2,480/mo, and a $1,613/mo payment leaves $137/mo available for distribution. Annual cash flow reaches $1,639/yr on $109,229 to close, and return on cash invested stands at 21.41% in year one. Equity gained on principal adds $2,126/yr while 5% annual appreciation supports $91,035 over five years. Portfolio math shows five-year ROI at 112.12% and total cumulative return in cash at $122,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,480/mo property income against a $1,613/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
5,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76120, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,123 (100%) |
| Owner Occupied HU | 4,007 (43.9%) |
| Renter Occupied HU | 4,644 (50.9%) |
| Vacant Housing Units | 472 ( 5.2%) |
| Median Home Value | $334,226 |
| Average Home Value | $447,957 |
Housing Distribution
Address Breakdown
Residential
8,754
Single Family
4,479
Multi-Family
4,275
Businesses
220
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Listed by: Rosie Murillo • Rendon Realty, LLC
Mls Name: NTREIS
Mls ID: #21080932