13445 Leather Strap DrFort WorthTX76103
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 13445 Leather Strap Dr, Fort Worth, TX, 76103 in Fort Worth is a conservative rental investment at $387,000. Rental yield 7.91%. A 1.47 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $106,921; $3,564/yr in principal paydown supplements. Total projected return: $135,349.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.8% |
| Monthly Cash Flow | $(202) | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,550 |
| Total Monthly Debt Service | $2,598 |
| DSCR Ratio | 0.98x |
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 2005
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76103, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,794 (100%) |
| Owner Occupied HU | 3,055 (52.7%) |
| Renter Occupied HU | 2,220 (38.3%) |
| Vacant Housing Units | 519 ( 9.0%) |
| Median Home Value | $221,889 |
| Average Home Value | $277,565 |
Housing Distribution
Address Breakdown
Residential
5,361
Single Family
4,888
Multi-Family
473
Businesses
399
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 2005
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76103, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,794 (100%) |
| Owner Occupied HU | 3,055 (52.7%) |
| Renter Occupied HU | 2,220 (38.3%) |
| Vacant Housing Units | 519 ( 9.0%) |
| Median Home Value | $221,889 |
| Average Home Value | $277,565 |
Housing Distribution
Address Breakdown
Residential
5,361
Single Family
4,888
Multi-Family
473
Businesses
399
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leanna Sellars • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #21000965