1412 N Riverside DrFort WorthTX76111
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1412 N Riverside Dr, Fort Worth, TX, 76111 in Fort Worth is a solid income-producing rental, 9.82% gross yield, $2,782/mo rent, $364/mo net cash flow on a $340,000 buy. DSCR 1.82 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $93,936 and $3,131/yr in principal reduction project a total cumulative return of $153,731.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.8% |
| Monthly Cash Flow | $364 | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,782 |
| Total Monthly Debt Service | $2,283 |
| DSCR Ratio | 1.22x |
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 1931
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76111, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,438 (100%) |
| Owner Occupied HU | 4,473 (53.0%) |
| Renter Occupied HU | 3,453 (40.9%) |
| Vacant Housing Units | 512 ( 6.1%) |
| Median Home Value | $221,259 |
| Average Home Value | $275,035 |
Housing Distribution
Address Breakdown
Residential
8,037
Single Family
7,079
Multi-Family
958
Businesses
1,079
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 1931
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76111, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,438 (100%) |
| Owner Occupied HU | 4,473 (53.0%) |
| Renter Occupied HU | 3,453 (40.9%) |
| Vacant Housing Units | 512 ( 6.1%) |
| Median Home Value | $221,259 |
| Average Home Value | $275,035 |
Housing Distribution
Address Breakdown
Residential
8,037
Single Family
7,079
Multi-Family
958
Businesses
1,079
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Quimby • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #21016712