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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Weatherford at 1604 Slow Elk Ct, Weatherford, TX, 76087 offers a 16.61% rental yield on a $473,500 purchase with $6,554/mo rent. Total monthly income registers $6,554/mo, and a $2,318/mo payment leaves $3,146/mo available for distribution. Annual cash flow reaches $37,753/yr on $156,965 to close, and return on cash invested stands at 43.96% in year one. Equity gained on principal adds $3,055/yr while 5% annual appreciation supports $130,819 over five years. Portfolio math shows five-year ROI at 233.17% and total cumulative return in cash at $365,992. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,554/mo property income against a $2,318/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
7,971 sqft lot
$N/A/sqft
$484 annually HOA
Neighborhood data shown for ZIP Code: 76087, Weatherford, TX area.
| 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 |
Residential
15,928
Single Family
14,871
Multi-Family
1,057
Businesses
672
Date | Event | Price |
|---|---|---|
| 2024-08-24 | Listed for sale | $473,500 |
| 2020-12-23 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $6904.67 | -12.01% | $438,790 | 16.73% |
| 2022-08-30 | $7847.33 | -7.40% | $375,900 | N/A |
| 2021-08-30 | $8474.00 | 1489.48% | $375,900 | 1593.24% |
Listed by: Caitlynn Hiler • Starz Realty
Mls Name: NTREIS
Mls ID: #20711660
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.
