2116 Clear Lake RdWeatherfordTX76087
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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 2116 Clear Lake Rd, Weatherford, TX, 76087 offers a 8.68% rental yield on a $369,900 purchase with $2,675/mo rent. Total monthly income registers $2,675/mo, and a $1,810/mo payment leaves $45/mo available for distribution. Annual cash flow reaches $541/yr on $122,622 to close, and return on cash invested stands at 20.35% in year one. Equity gained on principal adds $2,387/yr while 5% annual appreciation supports $102,197 over five years. Portfolio math shows five-year ROI at 106.46% and total cumulative return in cash at $130,546. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,675/mo property income against a $1,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1992
3,267 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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Listed by: Debbi Rousey • CENTURY 21 Judge Fite Company
Mls Name: NTREIS
Mls ID: #21119008