1648 Fagan DrBlue MoundTX76131
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 1648 Fagan Dr, Blue Mound, TX, 76131 in Blue Mound delivers $1,901/mo in gross rent and $240/mo in net monthly income at a $224,000 entry. The 10.18% yield and 1.89 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $61,887 over five years and $2,063/yr in equity from loan paydown, total projected return is $101,624.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $240 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,901 |
| Total Monthly Debt Service | $1,572 |
| DSCR Ratio | 1.21x |
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 1957
7,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76131, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,998 (100%) |
| Owner Occupied HU | 14,795 (74.0%) |
| Renter Occupied HU | 4,776 (23.9%) |
| Vacant Housing Units | 427 ( 2.1%) |
| Median Home Value | $349,723 |
| Average Home Value | $371,956 |
Housing Distribution
Address Breakdown
Residential
19,770
Single Family
16,925
Multi-Family
2,845
Businesses
395
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 1957
7,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76131, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,998 (100%) |
| Owner Occupied HU | 14,795 (74.0%) |
| Renter Occupied HU | 4,776 (23.9%) |
| Vacant Housing Units | 427 ( 2.1%) |
| Median Home Value | $349,723 |
| Average Home Value | $371,956 |
Housing Distribution
Address Breakdown
Residential
19,770
Single Family
16,925
Multi-Family
2,845
Businesses
395
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sonia Jones • Dale Erwin & Associates
Mls Name: NTREIS
Mls ID: #20878192
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.