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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% |
Rental property for sale in Fort Worth at 949 E Mulkey St, Fort Worth, TX, 76104 priced at $115,000 converts $2,839/mo rent into $2,021/mo cash flow after a $563/mo obligation. Total monthly income equals $2,839/mo, and annual cash flow totals $24,253/yr on $38,123 invested. Return on cash invested prints 83.53% in year one, and rental yield reads 29.62% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 445.34% and total cumulative return in cash sums $169,773. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,839/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1936
9,016 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 |
|---|---|---|
| 2024-08-02 | Listed for sale | $115,000 |
| 2024-06-20 | Listing removed | N/A |
| 2024-06-18 | Price change | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $52.95 | N/A | $109,329 | 44.88% |
| 2022-08-15 | N/A | N/A | $75,464 | 12.64% |
| 2021-08-15 | $115.38 | 4.81% | $66,997 | -16.58% |
Listed by: Colleen Love • Love Realty Partners
Mls Name: NTREIS
Mls ID: #20623017
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.
