140 Melbourne DrWillow ParkTX76087
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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 Willow Park at 140 Melbourne Dr, Willow Park, TX, 76087 generates $3,140/mo in rent and, after a $2,105/mo payment, leaves $82/mo in cash flow. Total monthly income is $3,140/mo, and annual cash flow is $982/yr on $142,545 invested. Return on cash invested sits at 20.6% in year one, and rental yield is 8.76% on a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 107.74% and total cumulative return in cash sums $153,579. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,140/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
9,191 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76087, Weatherford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,957 (100%) |
| Owner Occupied HU | 11,689 (73.3%) |
| Renter Occupied HU | 2,785 (17.5%) |
| Vacant Housing Units | 1,483 ( 9.3%) |
| Median Home Value | $391,521 |
| Average Home Value | $469,949 |
Housing Distribution
Address Breakdown
Residential
15,928
Single Family
14,871
Multi-Family
1,057
Businesses
672
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Listed by: Corey Daniel • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #21012272