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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Weatherford at 351 Jeremy Ln, Weatherford, TX, 76088 priced at $299,000 converts $2,149/mo rent into $23/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,149/mo, and annual cash flow totals $279/yr on $99,119 invested. Return on cash invested prints 20.19% in year one, and rental yield reads 8.62% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 105.59% and total cumulative return in cash sums $104,662. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,149/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Manufactured
Built in 1994
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76088, Weatherford, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,956 (100%) |
| Owner Occupied HU | 4,625 (77.7%) |
| Renter Occupied HU | 917 (15.4%) |
| Vacant Housing Units | 414 ( 7.0%) |
| Median Home Value | $425,340 |
| Average Home Value | $478,705 |
Residential
6,341
Single Family
6,304
Multi-Family
37
Businesses
270
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Listed for sale | $299,000 |
| 2024-09-15 | Listing removed | $299,000 |
| 2024-08-02 | Listed for sale | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $948.06 | 3.41% | $231,160 | N/A |
| 2023-12-27 | $916.83 | -41.36% | $231,160 | 88.66% |
| 2022-12-27 | $1563.41 | 316.03% | $122,530 | 1.24% |
Listed by: Mary Mitchusson • Kersh Real Estate
Mls Name: NTREIS
Mls ID: #20692271
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.
