9999 Boat Club Rd APT 409, Fort Worth, TX, 76179 | $129/mo Cash Flow

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9999 Boat Club Rd APT 409, Fort Worth, TX, 76179 | $129/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Worth at 9999 Boat Club Rd APT 409, Fort Worth, TX, 76179 listed at $199,000 pairs $1,544/mo rent with a $974/mo payment to leave $129/mo cash flow. Total monthly income runs $1,544/mo, and annual cash flow reaches $1,547/yr on $65,969 cash to close. Return on cash invested measures 22.25% in year one, and rental yield registers 9.31% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 116.63% and total cumulative return in cash totals $76,938. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,544/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1970

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

Crisp 2 bedroom condo with lake access in a gated community next door to the newly renovated Fort Worth Boat Club in the middle of Eagle Mountain Lake. This captivating condo has a balcony on each level and is a minutes walk to the waterfront with its 2 day docks. Two full ensuite baths and one half bath makes for a relaxing retreat year round. This one is charming in every way! Kitchen includes KitchenAid refrigerator & dishwasher & Whirlpool range. Breakfast bar make for easy entertaining. See documents for a breakdown of the HOA monthly dues. Improvement projects are underway for replacement of exterior decks, walkways and railings as well as exterior painting. Already completed are all new retaining walls and new metal roofs. Take care on entering before railings are in place. Included in HOA dues: Spectrum Cable Spectrum Internet Trash Sewer Water 2 community docks with access to all common areas

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