2928 Bomar AveFort WorthTX76103
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.18% yield at 2928 Bomar Ave, Fort Worth, TX, 76103 in Fort Worth is solid, but the $852/mo payment compresses net cash flow to $102/mo at $189,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $52,355 by year five, and $1,745/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.70) without U.S. income documentation. Total projected return: $79,219.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.8% |
| Monthly Cash Flow | $102 | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,450 |
| Total Monthly Debt Service | $1,272 |
| DSCR Ratio | 1.14x |
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 1926
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76103, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,794 (100%) |
| Owner Occupied HU | 3,055 (52.7%) |
| Renter Occupied HU | 2,220 (38.3%) |
| Vacant Housing Units | 519 ( 9.0%) |
| Median Home Value | $221,889 |
| Average Home Value | $277,565 |
Housing Distribution
Address Breakdown
Residential
5,361
Single Family
4,888
Multi-Family
473
Businesses
399
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 1926
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76103, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,794 (100%) |
| Owner Occupied HU | 3,055 (52.7%) |
| Renter Occupied HU | 2,220 (38.3%) |
| Vacant Housing Units | 519 ( 9.0%) |
| Median Home Value | $221,889 |
| Average Home Value | $277,565 |
Housing Distribution
Address Breakdown
Residential
5,361
Single Family
4,888
Multi-Family
473
Businesses
399
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rose Badillo • United Real Estate DFW
Mls Name: NTREIS
Mls ID: #21126227