Fort Worth, TX โ€” Rental Investment Analysis

๐ŸŸขGOODโ€” solid returns

Cap Rate

6.2%

Above average

Monthly Cash Flow

-$74

After all expenses

Price-to-Rent

10.4

Investor-friendly

DSCR

0.96

Fails

๐Ÿ“Š Key Metrics

Median Home Price
$287,991
Average Rent (3BR)
$1,980/mo
Price-to-Rent Ratio
10.4(good)
1% Rule
0.80%(fails โ€” need 1%+)
Cash-on-Cash Return
-1.0%
Vacancy Rate
8.0%

๐Ÿ“ˆ Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers โ†’

๐Ÿ“ˆ Population Movement (Tax Year 2021โ†’2022)

Net Migration

+5,701 households

GROWING

Total Inflow

18,341

households moved in

Avg Income (New Residents)

$83,521

per household

Where they're coming from:

1.Collin, TX1,903 households ยท avg $82,586
2.Los Angeles, CA1,074 households ยท avg $82,475
3.Bexar, TX731 households ยท avg $63,052
4.San Diego, CA551 households ยท avg $87,893
5.Maricopa, AZ544 households ยท avg $91,699

Where residents are leaving to:

1.Collin, TX1,890 households
2.Bexar, TX590 households
3.Los Angeles, CA454 households
4.Maricopa, AZ389 households
5.King, WA275 households

๐Ÿ’ก Strong net inflow suggests growing rental demand and upward pressure on rents.

๐Ÿ˜๏ธ Best Zip Codes in Fort Worth for Investors

76123
Cap Rate: 8.8%Cash Flow: +$614/mo$300,646
76105
Cap Rate: 8.3%Cash Flow: +$273/mo$168,829
76106
Cap Rate: 7.8%Cash Flow: +$229/mo$188,717

All Zip Codes in Fort Worth

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
761238.8%+$614$300,646$3,220/mo1.38
761058.3%+$273$168,829$1,720/mo1.30
761067.8%+$229$188,717$1,830/mo1.23
761027.8%+$331$278,164$2,690/mo1.22
761047.7%+$210$191,468$1,830/mo1.21
761797.3%+$259$322,999$2,970/mo1.15
761647.2%+$128$190,255$1,720/mo1.13
761157.1%+$107$186,051$1,660/mo1.11
761116.9%+$100$218,760$1,920/mo1.09
761196.8%+$68$199,190$1,720/mo1.06
761336.5%+$32$262,892$2,200/mo1.02
761376.4%+$12$320,721$2,650/mo1.01
761106.4%-$1$216,785$1,780/mo1.00
761346.3%-$20$252,352$2,050/mo0.99
762446.2%-$74$385,722$3,080/mo0.96
761126.0%-$74$247,000$1,940/mo0.94
761085.7%-$170$287,991$2,160/mo0.89
761035.7%-$133$224,152$1,680/mo0.89
761775.6%-$250$374,140$2,770/mo0.87
761354.9%-$355$285,019$1,910/mo0.77
761164.7%-$421$298,548$1,940/mo0.73
761184.4%-$543$327,605$2,030/mo0.69
761204.4%-$541$321,272$1,980/mo0.68
761074.2%-$671$367,246$2,200/mo0.66
764874.2%-$851$456,043$2,710/mo0.65
760403.6%-$834$361,068$1,950/mo0.57
761323.2%-$1,193$450,822$2,250/mo0.50
760842.9%-$1,155$391,618$1,810/mo0.45
761091.7%-$2,721$695,806$2,400/mo0.27