2959 Pearl AveFort WorthTX76106
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 2959 Pearl Ave, Fort Worth, TX, 76106 in Fort Worth: $1,589/mo in rent, $643/mo net, 14.34% gross yield, all on a $133,000 acquisition. The 2.66 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $36,745 in value, and $1,225/yr in principal paydown steadily builds equity. Projected total cumulative return: $92,406.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 6.8% |
| Monthly Cash Flow | $643 | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,589 |
| Total Monthly Debt Service | $893 |
| DSCR Ratio | 1.78x |
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 1930
6,926 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 1930
6,926 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: Edward Mcclintick • Joseph Walter Realty, LLC
Mls Name: NTREIS
Mls ID: #21060981