Fort Worth, TX โ Rental Investment Analysis
๐ขGOODโ solid returnsCap Rate
6.2%
Above average
Monthly Cash Flow
-$74
After all expenses
Price-to-Rent
10.4
Investor-friendly
DSCR
0.96
Fails
๐ 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%
๐ Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers โ๐ Population Movement (Tax Year 2021โ2022)
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
๐ก Strong net inflow suggests growing rental demand and upward pressure on rents.
๐๏ธ Best Zip Codes in Fort Worth for Investors
All Zip Codes in Fort Worth
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 76123 | 8.8% | +$614 | $300,646 | $3,220/mo | 1.38 |
| 76105 | 8.3% | +$273 | $168,829 | $1,720/mo | 1.30 |
| 76106 | 7.8% | +$229 | $188,717 | $1,830/mo | 1.23 |
| 76102 | 7.8% | +$331 | $278,164 | $2,690/mo | 1.22 |
| 76104 | 7.7% | +$210 | $191,468 | $1,830/mo | 1.21 |
| 76179 | 7.3% | +$259 | $322,999 | $2,970/mo | 1.15 |
| 76164 | 7.2% | +$128 | $190,255 | $1,720/mo | 1.13 |
| 76115 | 7.1% | +$107 | $186,051 | $1,660/mo | 1.11 |
| 76111 | 6.9% | +$100 | $218,760 | $1,920/mo | 1.09 |
| 76119 | 6.8% | +$68 | $199,190 | $1,720/mo | 1.06 |
| 76133 | 6.5% | +$32 | $262,892 | $2,200/mo | 1.02 |
| 76137 | 6.4% | +$12 | $320,721 | $2,650/mo | 1.01 |
| 76110 | 6.4% | -$1 | $216,785 | $1,780/mo | 1.00 |
| 76134 | 6.3% | -$20 | $252,352 | $2,050/mo | 0.99 |
| 76244 | 6.2% | -$74 | $385,722 | $3,080/mo | 0.96 |
| 76112 | 6.0% | -$74 | $247,000 | $1,940/mo | 0.94 |
| 76108 | 5.7% | -$170 | $287,991 | $2,160/mo | 0.89 |
| 76103 | 5.7% | -$133 | $224,152 | $1,680/mo | 0.89 |
| 76177 | 5.6% | -$250 | $374,140 | $2,770/mo | 0.87 |
| 76135 | 4.9% | -$355 | $285,019 | $1,910/mo | 0.77 |
| 76116 | 4.7% | -$421 | $298,548 | $1,940/mo | 0.73 |
| 76118 | 4.4% | -$543 | $327,605 | $2,030/mo | 0.69 |
| 76120 | 4.4% | -$541 | $321,272 | $1,980/mo | 0.68 |
| 76107 | 4.2% | -$671 | $367,246 | $2,200/mo | 0.66 |
| 76487 | 4.2% | -$851 | $456,043 | $2,710/mo | 0.65 |
| 76040 | 3.6% | -$834 | $361,068 | $1,950/mo | 0.57 |
| 76132 | 3.2% | -$1,193 | $450,822 | $2,250/mo | 0.50 |
| 76084 | 2.9% | -$1,155 | $391,618 | $1,810/mo | 0.45 |
| 76109 | 1.7% | -$2,721 | $695,806 | $2,400/mo | 0.27 |