920 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 920 Iona Dr, Fort Worth, TX, 76120 earns $218/mo cash flow from $2,458/mo rent with a $1,542/mo payment. Total monthly income totals $2,458/mo, and annual cash flow totals $2,613/yr on $104,423 capital. ROI tracks 22.41% on current figures, and rental yield reads 9.36% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 117.47% and total cumulative return in cash sums $122,669. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,458/mo property income instead of your personal income.
Single Family
Built in 2013
2,199 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: Jorge Luna • Decorative Real Estate
Mls Name: NTREIS
Mls ID: #21025020