2404 Open Range DrFort WorthTX76177
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2404 Open Range Dr, Fort Worth, TX, 76177 in Fort Worth deserves attention. This $379,500 property earns $3,402/mo in rent, a 10.76% gross yield, and nets $657/mo after the $1,706/mo payment. DSCR 1.99 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $104,849 compounds alongside $3,495/yr in yearly equity build, for a total cumulative return of $190,714.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.8% |
| Monthly Cash Flow | $657 | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,402 |
| Total Monthly Debt Service | $2,548 |
| DSCR Ratio | 1.34x |
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 2018
5,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76177, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,136 (100%) |
| Owner Occupied HU | 4,738 (39.0%) |
| Renter Occupied HU | 6,293 (51.9%) |
| Vacant Housing Units | 1,105 ( 9.1%) |
| Median Home Value | $370,746 |
| Average Home Value | $395,657 |
Housing Distribution
Address Breakdown
Residential
10,858
Single Family
5,205
Multi-Family
5,653
Businesses
1,086
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 2018
5,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76177, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,136 (100%) |
| Owner Occupied HU | 4,738 (39.0%) |
| Renter Occupied HU | 6,293 (51.9%) |
| Vacant Housing Units | 1,105 ( 9.1%) |
| Median Home Value | $370,746 |
| Average Home Value | $395,657 |
Housing Distribution
Address Breakdown
Residential
10,858
Single Family
5,205
Multi-Family
5,653
Businesses
1,086
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NTREIS
Mls ID: #21214108