1651 Watson Rd WFort WorthTX76103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fort Worth at 1651 Watson Rd W, Fort Worth, TX, 76103 earns $154/mo cash flow from $2,820/mo rent with a $1,835/mo payment. Total monthly income totals $2,820/mo, and annual cash flow totals $1,845/yr on $124,313 capital. ROI tracks 21.39% on current figures, and rental yield reads 9.02% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 112.02% and total cumulative return in cash sums $139,251. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,820/mo property income instead of your personal income.
Single Family
Built in 1979
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76103, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,794 (100%) |
| Owner Occupied HU | 3,055 (52.7%) |
| Renter Occupied HU | 2,220 (38.3%) |
| Vacant Housing Units | 519 ( 9.0%) |
| Median Home Value | $221,889 |
| Average Home Value | $277,565 |
Housing Distribution
Address Breakdown
Residential
5,361
Single Family
4,888
Multi-Family
473
Businesses
399
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lance King • Rendon Realty, LLC
Mls Name: NTREIS
Mls ID: #21111715