5101 Goodman AveFort WorthTX76107
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable and efficiently structured, 5101 Goodman Ave, Fort Worth, TX, 76107 in Fort Worth is a conservative rental investment at $229,000. Rental yield 8.01%. A 1.48 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $63,268; $2,109/yr in principal paydown supplements. Total projected return: $81,378.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.8% |
| Monthly Cash Flow | $(99) | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,529 |
| Total Monthly Debt Service | $1,537 |
| DSCR Ratio | 0.99x |
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 1948
6,272 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76107, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,751 (100%) |
| Owner Occupied HU | 7,423 (39.6%) |
| Renter Occupied HU | 8,887 (47.4%) |
| Vacant Housing Units | 2,441 (13.0%) |
| Median Home Value | $478,172 |
| Average Home Value | $589,989 |
Housing Distribution
Address Breakdown
Residential
17,768
Single Family
11,380
Multi-Family
6,388
Businesses
2,171
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 1948
6,272 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76107, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,751 (100%) |
| Owner Occupied HU | 7,423 (39.6%) |
| Renter Occupied HU | 8,887 (47.4%) |
| Vacant Housing Units | 2,441 (13.0%) |
| Median Home Value | $478,172 |
| Average Home Value | $589,989 |
Housing Distribution
Address Breakdown
Residential
17,768
Single Family
11,380
Multi-Family
6,388
Businesses
2,171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: April Subia • HP Commercial LLC
Mls Name: NTREIS
Mls ID: #21032985