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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% |
Rental property for sale in Weatherford at 2016 Old Foundry Rd, Weatherford, TX, 76087 offers $3,600/mo rent that, after a $2,029/mo payment, leaves $622/mo cash flow. Total monthly income is $3,600/mo, and annual cash flow is $7,461/yr on $137,407 cash. Return on cash invested measures 25.34% in year one, and rental yield stands at 10.42% at a $414,500 entry. Equity gained on principal adds $2,675/yr while 5% annual appreciation compounds into $114,519 by year five. Five-year ROI records 133.26% and total cumulative return in cash reaches $183,104. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,600/mo property income versus a $2,029/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
9,844 sqft lot
$N/A/sqft
$365 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 |
|---|---|---|
| 2024-07-18 | Price change | $414,500 |
| 2024-07-03 | Price change | $419,500 |
| 2024-06-18 | Listed for sale | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $5250.94 | -14.08% | $424,870 | 42.75% |
| 2022-08-14 | $6111.41 | 0.59% | $297,640 | N/A |
| 2021-08-14 | $6075.55 | 3.83% | $297,640 | 15.55% |
Listed by: Rebecca Bowman • CLARK REAL ESTATE GROUP
Mls Name: NTREIS
Mls ID: #20648772
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.
