3289 Centennial RdForest HillTX76119
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 3289 Centennial Rd, Forest Hill, TX, 76119 in Forest Hill worth modelling. At $174,500 with a 9.22% gross yield, the $1,341/mo rent leaves $56/mo after the $785/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.71 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $48,211 by year five; $1,607/yr in principal reduction adds further equity. Total projected return: $70,705.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $56 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,341 |
| Total Monthly Debt Service | $1,216 |
| DSCR Ratio | 1.10x |
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 1967
6,141 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76119, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,035 (100%) |
| Owner Occupied HU | 8,890 (52.2%) |
| Renter Occupied HU | 7,287 (42.8%) |
| Vacant Housing Units | 858 ( 5.0%) |
| Median Home Value | $136,930 |
| Average Home Value | $177,699 |
Housing Distribution
Address Breakdown
Residential
16,480
Single Family
13,037
Multi-Family
3,443
Businesses
1,217
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 1967
6,141 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76119, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,035 (100%) |
| Owner Occupied HU | 8,890 (52.2%) |
| Renter Occupied HU | 7,287 (42.8%) |
| Vacant Housing Units | 858 ( 5.0%) |
| Median Home Value | $136,930 |
| Average Home Value | $177,699 |
Housing Distribution
Address Breakdown
Residential
16,480
Single Family
13,037
Multi-Family
3,443
Businesses
1,217
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Robillard • Newfound Real Estate
Mls Name: NTREIS
Mls ID: #20644859
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.