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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 948 Irma St, Fort Worth, TX, 76104 offers a 10.82% rental yield on a $219,000 purchase with $1,975/mo rent. Total monthly income registers $1,975/mo, and a $1,072/mo payment leaves $418/mo available for distribution. Annual cash flow reaches $5,011/yr on $72,599 to close, and return on cash invested stands at 26.81% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 141.09% and total cumulative return in cash at $102,429. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,975/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76104, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,503 (100%) |
| Owner Occupied HU | 3,333 (31.7%) |
| Renter Occupied HU | 6,088 (58.0%) |
| Vacant Housing Units | 1,082 (10.3%) |
| Median Home Value | $156,599 |
| Average Home Value | $361,071 |
Residential
10,158
Single Family
6,350
Multi-Family
3,808
Businesses
1,531
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Listed for sale | $219,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-11 | $229.36 | 11.08% | $155,869 | 2.30% |
| 2023-07-11 | $206.48 | N/A | $152,371 | 24.03% |
| 2022-07-11 | N/A | N/A | $122,850 | 9.30% |
Listed by: Brook Armstrong • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #20997805
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.
