9248 Herringbone DrFort WorthTX76131
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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
Rental property for sale in Fort Worth at 9248 Herringbone Dr, Fort Worth, TX, 76131 generates $2,916/mo in rent and, after a $1,757/mo payment, leaves $363/mo in cash flow. Total monthly income is $2,916/mo, and annual cash flow is $4,359/yr on $119,009 invested. Return on cash invested sits at 23.57% in year one, and rental yield is 9.75% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 123.72% and total cumulative return in cash sums $147,235. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,916/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
6,272 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76131, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,998 (100%) |
| Owner Occupied HU | 14,795 (74.0%) |
| Renter Occupied HU | 4,776 (23.9%) |
| Vacant Housing Units | 427 ( 2.1%) |
| Median Home Value | $349,723 |
| Average Home Value | $371,956 |
Housing Distribution
Address Breakdown
Residential
19,770
Single Family
16,925
Multi-Family
2,845
Businesses
395
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Listed by: Surya Thapa • Vastu Realty Inc.
Mls Name: NTREIS
Mls ID: #21095654