1637 E Lake DrWeatherfordTX76087
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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
Investment property for sale in Weatherford at 1637 E Lake Dr, Weatherford, TX, 76087 earns from $1,837/mo rent with a $1,591/mo payment. Total monthly income totals $1,837/mo. ROI tracks 14.62% on current figures, and rental yield reads 6.78% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 75.73% and total cumulative return in cash sums $81,589. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,837/mo property income instead of your personal income.
Single Family
Built in 1950
5,000 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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Nearby investment properties with comparable prices
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