188 Overton Ridge CirWeatherfordTX76088
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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 188 Overton Ridge Cir, Weatherford, TX, 76088 priced at $605,000 converts $4,322/mo rent into $20/mo cash flow after a $2,961/mo obligation. Total monthly income equals $4,322/mo, and annual cash flow totals $239/yr on $199,045 invested. Return on cash invested prints 20.18% in year one, and rental yield reads 8.57% against a $605,000 entry. Equity gained on principal adds $3,904/yr, while 5% annual appreciation compiles into $167,150 by year five. Five-year ROI reaches 105.48% and total cumulative return in cash sums $209,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,322/mo property income covering a $2,961/mo payment, not borrower’s personal income.
Single Family
Built in 2006
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76088, Weatherford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,956 (100%) |
| Owner Occupied HU | 4,625 (77.7%) |
| Renter Occupied HU | 917 (15.4%) |
| Vacant Housing Units | 414 ( 7.0%) |
| Median Home Value | $425,340 |
| Average Home Value | $478,705 |
Housing Distribution
Address Breakdown
Residential
6,341
Single Family
6,304
Multi-Family
37
Businesses
270
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Listed by: Richard Combs • DeLeon & Associates Realty LLC
Mls Name: NTREIS
Mls ID: #20919177
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.