4324 Old Grove WayFort WorthTX76244
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.51 makes 4324 Old Grove Way, Fort Worth, TX, 76244 in Fort Worth one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.15%. The 8.15% yield, 5% annual appreciation ($150,573 over five years), and $5,020/yr in principal reduction project a total cumulative return of $185,888.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.8% |
| Monthly Cash Flow | $(370) | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,701 |
| Total Monthly Debt Service | $3,854 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2015
6,621 sqft lot
$N/A/sqft
$685 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76244, Keller, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,695 (100%) |
| Owner Occupied HU | 18,397 (68.9%) |
| Renter Occupied HU | 7,598 (28.5%) |
| Vacant Housing Units | 700 ( 2.6%) |
| Median Home Value | $378,885 |
| Average Home Value | $407,197 |
Housing Distribution
Address Breakdown
Residential
27,037
Single Family
22,763
Multi-Family
4,274
Businesses
1,631
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 2015
6,621 sqft lot
$N/A/sqft
$685 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76244, Keller, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,695 (100%) |
| Owner Occupied HU | 18,397 (68.9%) |
| Renter Occupied HU | 7,598 (28.5%) |
| Vacant Housing Units | 700 ( 2.6%) |
| Median Home Value | $378,885 |
| Average Home Value | $407,197 |
Housing Distribution
Address Breakdown
Residential
27,037
Single Family
22,763
Multi-Family
4,274
Businesses
1,631
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices