2961 Pearl AveFort WorthTX76106
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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
Investment Highlights
Investment property for sale in Fort Worth at 2961 Pearl Ave, Fort Worth, TX, 76106 offers a 11.73% rental yield on a $121,700 purchase with $1,190/mo rent. Total monthly income registers $1,190/mo, and a $596/mo payment leaves $248/mo available for distribution. Annual cash flow reaches $2,971/yr on $40,344 to close, and return on cash invested stands at 27.27% in year one. Equity gained on principal adds $785/yr while 5% annual appreciation supports $33,623 over five years. Portfolio math shows five-year ROI at 144.44% and total cumulative return in cash at $58,273. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,190/mo property income against a $596/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1923
7,710 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
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