9700 Platteview RdFort WorthTX76179
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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 9700 Platteview Rd, Fort Worth, TX, 76179 priced at $275,999 converts $2,430/mo rent into $467/mo cash flow after a $1,351/mo obligation. Total monthly income equals $2,430/mo, and annual cash flow totals $5,606/yr on $91,494 invested. Return on cash invested prints 26.04% in year one, and rental yield reads 10.57% against a $275,999 entry. Equity gained on principal adds $1,781/yr, while 5% annual appreciation compiles into $76,253 by year five. Five-year ROI reaches 136.94% and total cumulative return in cash sums $125,293. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,430/mo property income covering a $1,351/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76179, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,691 (100%) |
| Owner Occupied HU | 22,929 (79.9%) |
| Renter Occupied HU | 4,858 (16.9%) |
| Vacant Housing Units | 904 ( 3.2%) |
| Median Home Value | $355,811 |
| Average Home Value | $415,903 |
Housing Distribution
Address Breakdown
Residential
27,373
Single Family
25,754
Multi-Family
1,619
Businesses
1,077
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A