241 Western Lake DrWeatherfordTX76087
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 241 Western Lake Dr, Weatherford, TX, 76087 generates $1,602/mo in rent, after a $1,150/mo payment. Total monthly income is $1,602/mo. Return on cash invested sits at 18.17% in year one, and rental yield is 8.18% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 94.94% and total cumulative return in cash sums $73,960. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,602/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
6,272 sqft lot
$N/A/sqft
$50 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beverly Johnson • Weichert REALTORS, Team Realty
Mls Name: NTREIS
Mls ID: #20879278
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.