2217 Trace Ridge DrWeatherfordTX76087
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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 2217 Trace Ridge Dr, Weatherford, TX, 76087 offers a 10.18% rental yield on a $406,980 purchase with $3,454/mo rent. Total monthly income registers $3,454/mo, and a $1,992/mo payment leaves $560/mo available for distribution. Annual cash flow reaches $6,718/yr on $134,914 to close, and return on cash invested stands at 24.89% in year one. Equity gained on principal adds $2,626/yr while 5% annual appreciation supports $112,441 over five years. Portfolio math shows five-year ROI at 130.76% and total cumulative return in cash at $176,411. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,454/mo property income against a $1,992/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.25 Acres 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: Teresa Willhite • Fathom Realty LLC
Mls Name: NTREIS
Mls ID: #21034478