3008 Bright StFort WorthTX76105
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 3008 Bright St, Fort Worth, TX, 76105 in Fort Worth worth modelling. At $121,000 with a 9.25% gross yield, the $933/mo rent leaves $73/mo after the $544/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.72 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $33,430 by year five; $1,114/yr in principal reduction adds further equity. Total projected return: $51,049.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.8% |
| Monthly Cash Flow | $73 | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $933 |
| Total Monthly Debt Service | $812 |
| DSCR Ratio | 1.15x |
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 1949
10,062 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76105, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,993 (100%) |
| Owner Occupied HU | 4,041 (50.6%) |
| Renter Occupied HU | 3,316 (41.5%) |
| Vacant Housing Units | 636 ( 8.0%) |
| Median Home Value | $111,427 |
| Average Home Value | $171,274 |
Housing Distribution
Address Breakdown
Residential
7,461
Single Family
6,952
Multi-Family
509
Businesses
717
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 1949
10,062 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76105, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,993 (100%) |
| Owner Occupied HU | 4,041 (50.6%) |
| Renter Occupied HU | 3,316 (41.5%) |
| Vacant Housing Units | 636 ( 8.0%) |
| Median Home Value | $111,427 |
| Average Home Value | $171,274 |
Housing Distribution
Address Breakdown
Residential
7,461
Single Family
6,952
Multi-Family
509
Businesses
717
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Garner • United Real Estate Frisco
Mls Name: NTREIS
Mls ID: #20860042
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.