8645 Thicket Ridge StFort WorthTX76123
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.53, 8645 Thicket Ridge St, Fort Worth, TX, 76123 in Fort Worth sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 8.27%. The 8.27% yield is backed by 5% annual appreciation projecting $86,200 in value gain, plus $2,874/yr in principal reduction. Total projected cumulative return: $101,721.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.8% |
| Monthly Cash Flow | $(293) | $420 |
City averages based on Fort Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,150 |
| Total Monthly Debt Service | $2,319 |
| DSCR Ratio | 0.93x |
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 2023
6,316 sqft lot
$N/A/sqft
$112 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76123, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,000 (100%) |
| Owner Occupied HU | 11,766 (73.5%) |
| Renter Occupied HU | 3,326 (20.8%) |
| Vacant Housing Units | 908 ( 5.7%) |
| Median Home Value | $342,641 |
| Average Home Value | $373,292 |
Housing Distribution
Address Breakdown
Residential
15,980
Single Family
13,815
Multi-Family
2,165
Businesses
179
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 2023
6,316 sqft lot
$N/A/sqft
$112 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76123, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,000 (100%) |
| Owner Occupied HU | 11,766 (73.5%) |
| Renter Occupied HU | 3,326 (20.8%) |
| Vacant Housing Units | 908 ( 5.7%) |
| Median Home Value | $342,641 |
| Average Home Value | $373,292 |
Housing Distribution
Address Breakdown
Residential
15,980
Single Family
13,815
Multi-Family
2,165
Businesses
179
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andy Ingram • Andy Ingram
Mls Name: NTREIS
Mls ID: #20750342
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.