12933 Smokey Ranch DrFort WorthTX76115
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 12933 Smokey Ranch Dr, Fort Worth, TX, 76115 in Fort Worth. Rental yield 2.47%. At $749,500 with 2.47% gross yield, current distributions are modest, but the 5% appreciation rate projects $207,073 in new equity by year five, complemented by $6,903/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.46) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $40,592.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.5% | 6.8% |
| Monthly Cash Flow | $(3,836) | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,540 |
| Total Monthly Debt Service | $5,077 |
| DSCR Ratio | 0.30x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2010
0.53 Acres lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76115, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,421 (100%) |
| Owner Occupied HU | 3,088 (48.1%) |
| Renter Occupied HU | 3,013 (46.9%) |
| Vacant Housing Units | 320 ( 5.0%) |
| Median Home Value | $162,418 |
| Average Home Value | $222,520 |
Housing Distribution
Address Breakdown
Residential
6,228
Single Family
5,856
Multi-Family
372
Businesses
774
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2010
0.53 Acres lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76115, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,421 (100%) |
| Owner Occupied HU | 3,088 (48.1%) |
| Renter Occupied HU | 3,013 (46.9%) |
| Vacant Housing Units | 320 ( 5.0%) |
| Median Home Value | $162,418 |
| Average Home Value | $222,520 |
Housing Distribution
Address Breakdown
Residential
6,228
Single Family
5,856
Multi-Family
372
Businesses
774
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Taylor • KTREG Real Estate
Mls Name: NTREIS
Mls ID: #21022680
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.