1242 Newcastle DrWeatherfordTX76086
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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 1242 Newcastle Dr, Weatherford, TX, 76086 priced at $319,900 pairs $2,227/mo rent with after a $1,566/mo payment. Total monthly income equals $2,227/mo. Return on cash invested is 18.84% in year one, and rental yield stands at 8.35% on a $319,900 basis. Equity gained on principal adds $2,064/yr, and 5% annual appreciation accumulates to $88,382 by year five. Five-year ROI measures 98.53% and total cumulative return in cash reaches $104,492. For financing, Ziffy Mortgage’s DSCR program evaluates $2,227/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76086, Weatherford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,406 (100%) |
| Owner Occupied HU | 4,571 (48.6%) |
| Renter Occupied HU | 4,211 (44.8%) |
| Vacant Housing Units | 624 ( 6.6%) |
| Median Home Value | $269,393 |
| Average Home Value | $302,218 |
Housing Distribution
Address Breakdown
Residential
9,288
Single Family
8,214
Multi-Family
1,074
Businesses
1,986
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Listed by: Paula Mitchell • MITCHELL REAL ESTATE & MANAGEMENT, LLC
Mls Name: NTREIS
Mls ID: #20740261
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.