1516 Teak LnFort WorthTX76140
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1516 Teak Ln, Fort Worth, TX, 76140 in Fort Worth speaks for itself: 16.02% gross on a $252,999 price, generating $3,377/mo in rent and $1,536/mo in net income after the $1,138/mo debt service. DSCR 2.97, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $18,432 stacks alongside $69,899 in projected five-year appreciation and $2,330/yr in principal reduction. Projected total cumulative return: $195,986.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16% | 6.8% |
| Monthly Cash Flow | $1,536 | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,377 |
| Total Monthly Debt Service | $1,740 |
| DSCR Ratio | 1.94x |
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 2024
4,965 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76140, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,593 (100%) |
| Owner Occupied HU | 7,775 (67.1%) |
| Renter Occupied HU | 3,399 (29.3%) |
| Vacant Housing Units | 419 ( 3.6%) |
| Median Home Value | $245,690 |
| Average Home Value | $274,715 |
Housing Distribution
Address Breakdown
Residential
10,973
Single Family
9,593
Multi-Family
1,380
Businesses
853
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 2024
4,965 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76140, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,593 (100%) |
| Owner Occupied HU | 7,775 (67.1%) |
| Renter Occupied HU | 3,399 (29.3%) |
| Vacant Housing Units | 419 ( 3.6%) |
| Median Home Value | $245,690 |
| Average Home Value | $274,715 |
Housing Distribution
Address Breakdown
Residential
10,973
Single Family
9,593
Multi-Family
1,380
Businesses
853
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices