1504 Horncastle StFort WorthTX76134
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 1504 Horncastle St, Fort Worth, TX, 76134 in Fort Worth. At $239,500 it earns $2,071/mo in rent and distributes $368/mo to the owner after the $1,077/mo payment, a consistent 10.38% yield. DSCR 1.92 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $66,169 in value; $2,206/yr in principal paydown compounds ownership stake. Total projected return: $115,498.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.8% |
| Monthly Cash Flow | $368 | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,071 |
| Total Monthly Debt Service | $1,608 |
| DSCR Ratio | 1.29x |
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 1986
4,530 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 1986
4,530 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: Magaly Acosta • Villa Realty LLC
Mls Name: NTREIS
Mls ID: #21127558