Single Family
Rental Funds
Acquiring and operating single-family rental homes in high-growth U.S. markets — built for investors seeking long-term appreciation, meaningful tax advantages, and exposure to one of real estate's most resilient asset classes.
Why single-family rental remains one of the most durable strategies in real estate.
The demand for rental housing in the United States is structural — not cyclical — and the operators best positioned to capture it are the ones building at scale in the right markets.
Single-family rental (SFR) has emerged over the last decade as one of the most institutionally-recognized asset classes in real estate. Homeownership rates remain constrained by affordability, mortgage rates, and household formation dynamics — pushing sustained demand into professionally-managed rental housing.
Ninety9 Capital's SFR strategy is concentrated exclusively in the Dallas–Fort Worth metroplex — one of the country's fastest-growing metros, driven by sustained population inflows, corporate relocations, and structural housing undersupply. Our approach combines disciplined acquisition, vertically-integrated property management, and a clear five-year target hold designed to deliver on all three sources of return: cash flow, appreciation, and tax-advantaged depreciation.
With more than twenty years of operational history and over 1,000 single-family rentals bought and sold, we've built the local infrastructure to acquire, manage, and exit at scale in a single geography — the foundation of a strategy built for accredited investors seeking residential real estate exposure without the operational burden.
A disciplined, three-phase strategy from acquisition to exit.
Targeted acquisition across Dallas–Fort Worth.
We source single-family homes exclusively in the DFW metroplex, leveraging local market knowledge, established broker relationships, and deep operational infrastructure. Every acquisition is underwritten to a specific rent, cap-rate, and exit thesis — no speculative buys.
Vertically-integrated management, in-house.
Renovation, leasing, and ongoing property management are handled by our in-house team — giving us direct control over quality, tenant experience, and operating margins. No third-party management, no misaligned incentives.
Multiple paths to realized returns.
Exit options include refinancing the portfolio to return investor capital, bulk sales to institutional buyers, or individual dispositions into a strengthening resale market. The path is selected based on market conditions at the five-year target hold horizon.
Key terms and structure.
All terms above are provided for illustrative purposes and are subject to the fund's Private Placement Memorandum (PPM), which governs in the event of any conflict. Target hold periods, minimums, and distributions are subject to change and are not guarantees. See offering documents for complete terms, risk factors, and eligibility requirements.
A focused strategy in one of the country's strongest housing markets.
Ninety9 Capital's Single Family Rental strategy is concentrated exclusively in the Dallas–Fort Worth metroplex. DFW is one of the fastest-growing metros in the United States, driven by sustained corporate relocations, population inflows, employment diversification, and structural housing undersupply.
Rather than spreading capital thinly across multiple markets, we've built deep operational infrastructure in a single geography — enabling faster acquisition, tighter cost control, and hands-on portfolio management in one of the most active SFR markets in the country.
By the numbers.
Figures reflect firm-wide activity across Ninety9 Capital's residential portfolio over more than twenty years of operations. Occupancy and rent collection rates represent long-term averages across managed properties. Past performance is not indicative of future results. Fund-specific performance is available in individual PPMs and quarterly investor reports.
How to invest — step by step.
Frequently asked.
The fund is available exclusively to verified accredited investors as defined under Regulation D of the Securities Act. Accreditation must be verified prior to subscription — self-certification is not sufficient.
The minimum investment is $50,000, subject to fund-level acceptance. Higher commitment tiers may be available with additional terms — please contact investor relations to discuss.
The fund is offered under Regulation D as a private placement, with both Rule 506(b) and Rule 506(c) offerings available depending on investor circumstances. Investors participate as limited partners and receive K-1 tax reporting annually. Full structure details are provided in the fund's Private Placement Memorandum.
The fund targets a 2x equity multiple over the target hold period, driven by a combination of rental cash flow, property appreciation, and tax-advantaged depreciation. Target returns are not guaranteed. See offering documents for full risk factors and details.
As a real estate investment, the fund generates depreciation that is passed through to investors via annual K-1s — often offsetting a meaningful portion of taxable distributions. Bonus depreciation and cost segregation strategies may apply. Consult your tax advisor regarding your specific situation.
The fund is designed as a five-year target hold. Early liquidity is not guaranteed and any secondary transfer is subject to the operating agreement, general partner consent, and applicable securities laws. Investors should be prepared to hold their interest through the full fund term.
Interested in learning more?
Ninety9 Capital's funds are available exclusively to verified accredited investors. Reach out to our investor relations team to discuss whether this fund fits your portfolio.
Contact Investor Relations
Our team is ready to answer your questions and help you evaluate whether our funds align with your portfolio goals.
This page is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any offer will be made only pursuant to a Private Placement Memorandum (PPM) provided to eligible investors. Investors must complete accreditation verification prior to subscription.
Forward-looking statements, target returns, and projections are inherently uncertain and are not guarantees of future performance. Investments in private funds involve significant risks, including illiquidity, potential loss of principal, and limited transferability. Consult your own legal, tax, and financial advisors before investing.