318 E Lee AveWeatherfordTX76086
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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 318 E Lee Ave, Weatherford, TX, 76086 with 5% annual appreciation on a $249,900 basis while $2,340/mo rent supports operations. Total monthly income totals $2,340/mo and a $1,223/mo payment preserves $563/mo for cash returns. Annual cash flow comes to $6,757/yr on $82,842 deployed, and return on cash invested reaches 28.07% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 11.24%. Five-year ROI measures 147.84% and total cumulative return in cash totals $122,474.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,340/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1895
0.26 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
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Listed by: Lisa Norris • JPAR West Metro
Mls Name: NTREIS
Mls ID: #21080240