1002 Lake DrWeatherfordTX76085
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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
Investment Highlights
Rental property for sale in Weatherford at 1002 Lake Dr, Weatherford, TX, 76085 priced at $450,000 pairs $3,692/mo rent with $492/mo cash flow after a $2,203/mo payment. Total monthly income equals $3,692/mo, and annual cash flow comes to $5,898/yr on $149,175 invested. Return on cash invested is 23.86% in year one, and rental yield stands at 9.85% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 125.26% and total cumulative return in cash reaches $186,858. For financing, Ziffy Mortgage’s DSCR program evaluates $3,692/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
2.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76085, Weatherford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,485 (100%) |
| Owner Occupied HU | 4,031 (73.5%) |
| Renter Occupied HU | 1,239 (22.6%) |
| Vacant Housing Units | 215 ( 3.9%) |
| Median Home Value | $393,972 |
| Average Home Value | $447,546 |
Housing Distribution
Address Breakdown
Residential
5,410
Single Family
5,390
Multi-Family
20
Businesses
125
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Listed by: Gregory Potts • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20653339
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.