5024 Bateman RdFort WorthTX76244
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 5024 Bateman Rd, Fort Worth, TX, 76244 in Fort Worth. Rental yield 6.54%. The 1.09 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $261,086 and $8,704/yr in principal reduction project total return of $225,449.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 6.8% |
| Monthly Cash Flow | $(1,605) | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,630 |
| Total Monthly Debt Service | $6,381 |
| DSCR Ratio | 0.73x |
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 2016
0.30 Acres lot
$N/A/sqft
$220 semi-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 2016
0.30 Acres lot
$N/A/sqft
$220 semi-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
Listed by: Sophie Diaz • Sophie Tel Diaz Real Estate
Mls Name: NTREIS
Mls ID: #20925913
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.