7012 Newberry Ct EFort WorthTX76120
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 7012 Newberry Ct E, Fort Worth, TX, 76120 in Fort Worth speaks for itself: 11.54% gross on a $255,900 price, generating $2,460/mo in rent and $640/mo in net income after the $1,151/mo debt service. DSCR 2.14, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,683 stacks alongside $70,700 in projected five-year appreciation and $2,357/yr in principal reduction. Projected total cumulative return: $139,243.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.8% |
| Monthly Cash Flow | $640 | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,460 |
| Total Monthly Debt Service | $1,718 |
| DSCR Ratio | 1.43x |
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 1981
7,361 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76120, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,123 (100%) |
| Owner Occupied HU | 4,007 (43.9%) |
| Renter Occupied HU | 4,644 (50.9%) |
| Vacant Housing Units | 472 ( 5.2%) |
| Median Home Value | $334,226 |
| Average Home Value | $447,957 |
Housing Distribution
Address Breakdown
Residential
8,754
Single Family
4,479
Multi-Family
4,275
Businesses
220
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 1981
7,361 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76120, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,123 (100%) |
| Owner Occupied HU | 4,007 (43.9%) |
| Renter Occupied HU | 4,644 (50.9%) |
| Vacant Housing Units | 472 ( 5.2%) |
| Median Home Value | $334,226 |
| Average Home Value | $447,957 |
Housing Distribution
Address Breakdown
Residential
8,754
Single Family
4,479
Multi-Family
4,275
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurie O'dell • Redfin Corporation
Mls Name: NTREIS
Mls ID: #20909273
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.