706 E 1st StFort WorthTX76102
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 706 E 1st St, Fort Worth, TX, 76102 in Fort Worth at $750,000, 5.66% gross yield, is a market-growth asset. Rental yield 5.66%. The $3,538/mo rent partially funds the $3,372/mo debt service; the core return is the 5%/yr price growth projected to add $207,211 over five years. Ziffy Mortgage's DSCR mortgage (1.05) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $159,916.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 6.8% |
| Monthly Cash Flow | $(1,996) | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,538 |
| Total Monthly Debt Service | $5,235 |
| DSCR Ratio | 0.68x |
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.
Townhouse
Built in 2005
1,481 sqft lot
$N/A/sqft
$2,400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76102, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,825 (100%) |
| Owner Occupied HU | 934 (11.9%) |
| Renter Occupied HU | 5,248 (67.1%) |
| Vacant Housing Units | 1,643 (21.0%) |
| Median Home Value | $452,672 |
| Average Home Value | $499,269 |
Housing Distribution
Address Breakdown
Residential
6,425
Single Family
1,134
Multi-Family
5,291
Businesses
1,474
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
Townhouse
Built in 2005
1,481 sqft lot
$N/A/sqft
$2,400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76102, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,825 (100%) |
| Owner Occupied HU | 934 (11.9%) |
| Renter Occupied HU | 5,248 (67.1%) |
| Vacant Housing Units | 1,643 (21.0%) |
| Median Home Value | $452,672 |
| Average Home Value | $499,269 |
Housing Distribution
Address Breakdown
Residential
6,425
Single Family
1,134
Multi-Family
5,291
Businesses
1,474
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Simmons • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20945671
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.