502 N Oakridge DrWeatherfordTX76087
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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 502 N Oakridge Dr, Weatherford, TX, 76087 listed at $287,300 pairs $3,600/mo rent with a $1,406/mo payment to leave $1,557/mo cash flow. Total monthly income runs $3,600/mo, and annual cash flow reaches $18,686/yr on $95,240 cash to close. Return on cash invested measures 39.53% in year one, and rental yield registers 15.04% at a $287,300 basis. Equity gained on principal adds $1,854/yr, and annual property appreciation at 5% supports $79,376 by year five. Five-year ROI tracks 209.29% and total cumulative return in cash totals $199,329. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $1,406/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
5.65 Acres lot
$N/A/sqft
No 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
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Listed by: N/A • N/A
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Mls ID: #N/A