1409 Cloverdale DrFort WorthTX76134
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 1409 Cloverdale Dr, Fort Worth, TX, 76134 in Fort Worth is straightforward: $244,000 in, $2,232/mo in rent, $497/mo out after debt service. The 10.98% gross yield and 2.03 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $67,413 by year five. With $2,247/yr in principal equity, the total cumulative return is projected at $125,531.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.8% |
| Monthly Cash Flow | $497 | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,232 |
| Total Monthly Debt Service | $1,638 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1958
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76134, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,373 (100%) |
| Owner Occupied HU | 5,934 (63.3%) |
| Renter Occupied HU | 3,001 (32.0%) |
| Vacant Housing Units | 438 ( 4.7%) |
| Median Home Value | $300,726 |
| Average Home Value | $318,461 |
Housing Distribution
Address Breakdown
Residential
9,311
Single Family
8,004
Multi-Family
1,307
Businesses
316
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 1958
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76134, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,373 (100%) |
| Owner Occupied HU | 5,934 (63.3%) |
| Renter Occupied HU | 3,001 (32.0%) |
| Vacant Housing Units | 438 ( 4.7%) |
| Median Home Value | $300,726 |
| Average Home Value | $318,461 |
Housing Distribution
Address Breakdown
Residential
9,311
Single Family
8,004
Multi-Family
1,307
Businesses
316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Machelle Sumner • RE/MAX Unlimited
Mls Name: NTREIS
Mls ID: #21119994