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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% |
Investment property for sale in Watauga at 5709 Shipp Dr, Watauga, TX, 76148 uses $79,560 cash to close to unlock $6,684/yr annual cash flow and $557/mo monthly cash flow. Total monthly income runs $2,264/mo, and a $1,175/mo payment keeps the spread at $557/mo. Purchase price stands at $240,000, and rental yield measures 11.32% with $2,264/mo rent. Return on cash invested shows 28.31% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 149.08% and total cumulative return in cash records $118,610. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,264/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1965
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76148, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,026 (100%) |
| Owner Occupied HU | 6,370 (70.6%) |
| Renter Occupied HU | 2,444 (27.1%) |
| Vacant Housing Units | 212 ( 2.3%) |
| Median Home Value | $279,490 |
| Average Home Value | $350,876 |
Residential
8,430
Single Family
8,396
Multi-Family
34
Businesses
671
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Haley Howard • RE/MAX Trinity
Mls Name: NTREIS
Mls ID: #21134225
