2800 Sandage Ave #105Fort WorthTX76109
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2800 Sandage Ave #105, Fort Worth, TX, 76109 in Fort Worth is a solid income-producing rental, 9.4% gross yield, $3,907/mo rent, $359/mo net cash flow on a $499,000 buy. DSCR 1.74 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $137,865 and $4,596/yr in principal reduction project a total cumulative return of $214,271.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.8% |
| Monthly Cash Flow | $359 | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,907 |
| Total Monthly Debt Service | $3,350 |
| DSCR Ratio | 1.17x |
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.
Condo
Built in 2008
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76109, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,126 (100%) |
| Owner Occupied HU | 5,005 (38.1%) |
| Renter Occupied HU | 6,717 (51.2%) |
| Vacant Housing Units | 1,404 (10.7%) |
| Median Home Value | $634,057 |
| Average Home Value | $720,302 |
Housing Distribution
Address Breakdown
Residential
12,941
Single Family
7,116
Multi-Family
5,825
Businesses
945
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
Condo
Built in 2008
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76109, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,126 (100%) |
| Owner Occupied HU | 5,005 (38.1%) |
| Renter Occupied HU | 6,717 (51.2%) |
| Vacant Housing Units | 1,404 (10.7%) |
| Median Home Value | $634,057 |
| Average Home Value | $720,302 |
Housing Distribution
Address Breakdown
Residential
12,941
Single Family
7,116
Multi-Family
5,825
Businesses
945
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler Eidson • League Real Estate
Mls Name: NTREIS
Mls ID: #21103568