213 Carroll StFort WorthTX76107
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 213 Carroll St, Fort Worth, TX, 76107 in Fort Worth. At $649,900 it earns $5,165/mo in rent and distributes $393/mo to the owner after the $2,922/mo payment, a consistent 9.54% yield. DSCR 1.77 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $179,555 in value; $5,986/yr in principal paydown compounds ownership stake. Total projected return: $275,066.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.8% |
| Monthly Cash Flow | $393 | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,165 |
| Total Monthly Debt Service | $4,513 |
| DSCR Ratio | 1.14x |
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.
Townhouse
Built in 2024
914.76 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76107, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,751 (100%) |
| Owner Occupied HU | 7,423 (39.6%) |
| Renter Occupied HU | 8,887 (47.4%) |
| Vacant Housing Units | 2,441 (13.0%) |
| Median Home Value | $478,172 |
| Average Home Value | $589,989 |
Housing Distribution
Address Breakdown
Residential
17,768
Single Family
11,380
Multi-Family
6,388
Businesses
2,171
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
Townhouse
Built in 2024
914.76 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76107, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,751 (100%) |
| Owner Occupied HU | 7,423 (39.6%) |
| Renter Occupied HU | 8,887 (47.4%) |
| Vacant Housing Units | 2,441 (13.0%) |
| Median Home Value | $478,172 |
| Average Home Value | $589,989 |
Housing Distribution
Address Breakdown
Residential
17,768
Single Family
11,380
Multi-Family
6,388
Businesses
2,171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brit Ewers • Compass RE Texas, LLC.
Mls Name: NTREIS
Mls ID: #20956446
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.