243 Wagon Spoke Way Building 18Fort WorthTX76120
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 243 Wagon Spoke Way Building 18, Fort Worth, TX, 76120 in Fort Worth. At $310,990 it earns $2,604/mo in rent and distributes $393/mo to the owner after the $1,398/mo payment, a consistent 10.05% yield. DSCR 1.86 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $85,921 in value; $2,864/yr in principal paydown compounds ownership stake. Total projected return: $144,457.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 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 | $2,604 |
| Total Monthly Debt Service | $2,088 |
| DSCR Ratio | 1.25x |
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 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76120, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,123 (100%) |
| Owner Occupied HU | 4,007 (43.9%) |
| Renter Occupied HU | 4,644 (50.9%) |
| Vacant Housing Units | 472 ( 5.2%) |
| Median Home Value | $334,226 |
| Average Home Value | $447,957 |
Housing Distribution
Address Breakdown
Residential
8,754
Single Family
4,479
Multi-Family
4,275
Businesses
220
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 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76120, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,123 (100%) |
| Owner Occupied HU | 4,007 (43.9%) |
| Renter Occupied HU | 4,644 (50.9%) |
| Vacant Housing Units | 472 ( 5.2%) |
| Median Home Value | $334,226 |
| Average Home Value | $447,957 |
Housing Distribution
Address Breakdown
Residential
8,754
Single Family
4,479
Multi-Family
4,275
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • HistoryMaker Homes
Mls Name: HistoryMaker Homes
Mls Provider:
Mls ID: #N/A