5024 Merida AveFort WorthTX76115
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 5024 Merida Ave, Fort Worth, TX, 76115 in Fort Worth earns a 11.57% gross yield at $190,000. Rent of $1,832/mo nets $341/mo after the $854/mo mortgage. The 2.15 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $52,494 and $1,750/yr in equity accumulation project a total cumulative return of $95,367.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.8% |
| Monthly Cash Flow | $341 | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,832 |
| Total Monthly Debt Service | $1,416 |
| DSCR Ratio | 1.29x |
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 1954
9,408 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76115, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,421 (100%) |
| Owner Occupied HU | 3,088 (48.1%) |
| Renter Occupied HU | 3,013 (46.9%) |
| Vacant Housing Units | 320 ( 5.0%) |
| Median Home Value | $162,418 |
| Average Home Value | $222,520 |
Housing Distribution
Address Breakdown
Residential
6,228
Single Family
5,856
Multi-Family
372
Businesses
774
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 1954
9,408 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76115, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,421 (100%) |
| Owner Occupied HU | 3,088 (48.1%) |
| Renter Occupied HU | 3,013 (46.9%) |
| Vacant Housing Units | 320 ( 5.0%) |
| Median Home Value | $162,418 |
| Average Home Value | $222,520 |
Housing Distribution
Address Breakdown
Residential
6,228
Single Family
5,856
Multi-Family
372
Businesses
774
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Calvo • Rendon Realty, LLC
Mls Name: NTREIS
Mls ID: #20803009
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.