208 W Park AveWeatherfordTX76086
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
Rental property for sale in Weatherford at 208 W Park Ave, Weatherford, TX, 76086 priced at $314,800 converts $2,057/mo rent into after a $1,541/mo obligation. Total monthly income equals $2,057/mo. Return on cash invested prints 17.82% in year one, and rental yield reads 7.84% against a $314,800 entry. Equity gained on principal adds $2,031/yr, while 5% annual appreciation compiles into $86,973 by year five. Five-year ROI reaches 92.88% and total cumulative return in cash sums $96,926. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,057/mo property income covering a $1,541/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76086, Weatherford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,406 (100%) |
| Owner Occupied HU | 4,571 (48.6%) |
| Renter Occupied HU | 4,211 (44.8%) |
| Vacant Housing Units | 624 ( 6.6%) |
| Median Home Value | $269,393 |
| Average Home Value | $302,218 |
Housing Distribution
Address Breakdown
Residential
9,288
Single Family
8,214
Multi-Family
1,074
Businesses
1,986
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Jones • CLARK REAL ESTATE GROUP
Mls Name: NTREIS
Mls ID: #21103299