408 E Josephine StWeatherfordTX76086
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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
Rental property for sale in Weatherford at 408 E Josephine St, Weatherford, TX, 76086 priced at $215,000 converts $1,651/mo rent into $122/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,651/mo, and annual cash flow totals $1,469/yr on $71,273 invested. Return on cash invested prints 21.97% in year one, and rental yield reads 9.21% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 115.15% and total cumulative return in cash sums $82,069. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,651/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.27 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: Sanford Finkelstein • Fort Worth Property Group
Mls Name: NTREIS
Mls ID: #20842775
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.