916 NW 16th StFort WorthTX76164
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 916 NW 16th St, Fort Worth, TX, 76164 offers a 18.46% rental yield on a $124,950 purchase with $1,922/mo rent. Total monthly income registers $1,922/mo, and a $612/mo payment leaves $925/mo available for distribution. Annual cash flow reaches $11,099/yr on $41,421 to close, and return on cash invested stands at 46.71% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,521 over five years. Portfolio math shows five-year ROI at 248.89% and total cumulative return in cash at $103,093. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,922/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,052 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76164, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,259 (100%) |
| Owner Occupied HU | 2,758 (52.4%) |
| Renter Occupied HU | 2,119 (40.3%) |
| Vacant Housing Units | 382 ( 7.3%) |
| Median Home Value | $148,554 |
| Average Home Value | $181,575 |
Housing Distribution
Address Breakdown
Residential
4,745
Single Family
4,422
Multi-Family
323
Businesses
800
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Briana Baugh • Perla Realty Group, LLC
Mls Name: NTREIS
Mls ID: #20722181
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.