2457 Open Range DrFort WorthTX76177
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 2457 Open Range Dr, Fort Worth, TX, 76177 in Fort Worth. Priced at $472,500, it generates $4,447/mo in gross rent and $1,051/mo in net monthly cash flow, a 11.29% yield that comfortably supports the 2.09 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $12,612. Five-year appreciation: $130,543. Equity from principal paydown: $4,352/yr. Total projected cumulative return: $248,841.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.8% |
| Monthly Cash Flow | $1,051 | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,447 |
| Total Monthly Debt Service | $3,208 |
| DSCR Ratio | 1.39x |
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 2019
5,488 sqft lot
$N/A/sqft
$217 semi-annually 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 2019
5,488 sqft lot
$N/A/sqft
$217 semi-annually 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: Deborah Soriano • Agency Dallas Park Cities, LLC
Mls Name: NTREIS
Mls ID: #20703666
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.