420 E 1st 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
Investment property for sale in Weatherford at 420 E 1st St, Weatherford, TX, 76086 offers a 9.69% rental yield on a $245,000 purchase with $1,979/mo rent. Total monthly income registers $1,979/mo, and a $1,199/mo payment leaves $237/mo available for distribution. Annual cash flow reaches $2,843/yr on $81,218 to close, and return on cash invested stands at 23.41% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 122.81% and total cumulative return in cash at $99,744. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,979/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.45 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: Rhonda Day • We Sell Texas
Mls Name: NTREIS
Mls ID: #20921282
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.