2900 NW 29th StFort WorthTX76106
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2900 NW 29th St, Fort Worth, TX, 76106 in Fort Worth carries a 1.50 coverage ratio, rent of $2,762/mo is 1.50 times the $1,844/mo payment. Rental yield 8.09%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $410,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $113,275; total projected cumulative return: $147,245.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.8% |
| Monthly Cash Flow | $(153) | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,762 |
| Total Monthly Debt Service | $2,752 |
| DSCR Ratio | 1.00x |
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 2007
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76106, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,830 (100%) |
| Owner Occupied HU | 5,555 (47.0%) |
| Renter Occupied HU | 5,600 (47.3%) |
| Vacant Housing Units | 675 ( 5.7%) |
| Median Home Value | $163,112 |
| Average Home Value | $181,704 |
Housing Distribution
Address Breakdown
Residential
11,131
Single Family
8,873
Multi-Family
2,258
Businesses
980
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 2007
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76106, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,830 (100%) |
| Owner Occupied HU | 5,555 (47.0%) |
| Renter Occupied HU | 5,600 (47.3%) |
| Vacant Housing Units | 675 ( 5.7%) |
| Median Home Value | $163,112 |
| Average Home Value | $181,704 |
Housing Distribution
Address Breakdown
Residential
11,131
Single Family
8,873
Multi-Family
2,258
Businesses
980
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NTREIS
Mls ID: #21129036